Be in Harmony With Shareholders

September 1991
Directors & Boards;Fall91, Vol. 16 Issue 1, p41
Trade Publication
The article focuses on the strategic approach of Daniel M. Tellep, chief executive officer (CEO) of Lockheed Corp., concerning the relationship of institutional shareholders. Tellep cites several factors for corporate directors and senior management including the credibility for the progressive corporate governance and the value of genuine commitment through communication.


Related Articles

  • Corporate Governance, Takeovers, and Top-Management Compensation: Theory and Evidence. Cyert, Richard M.; Sok-Hyon Kang; Kumar, Praveen // Management Science;Apr2002, Vol. 48 Issue 4, p453 

    We examine, both theoretically and empirically, top-management compensation in the presence of agency conflicts when shareholders have delegated governance responsibilities to a self-interested Board of Directors (BOD). We develop a theoretical framework that explicitly incorporates the BOD as a...

  • Les d�terminants du choix de la structure du conseil : une �tude empirique sur les soci�t�s cot�es fran�aises. Hollandts, Xavier // Cahiers de Recherche (Groupe ESC Clermont);2010, p1 

    Broadly speaking, the monitoring function of corporate governance requires the directors to scrutinize management to guard against harmful behavior that might hurt value creation for shareholders. The aim of this article is to isolate factors that might play a role for the adoption of a two-tier...

  • The CEO: an American hero? Bruce, Robert // Accountancy;Sep2002, Vol. 130 Issue 1309, p47 

    The article discusses the role of a chief executive officer (CEO). Business people become public personalities and the link between the success of the business leader and the prosperity of the ordinary shareholder is clear. The downside is that the cult of the CEO has damaged American economy...

  • The Future of Boards. Lorsch,Ed, Jay W. // Future of Boards;1/1/2014, p1 

    As business becomes increasingly global, corporations are becoming more complex, therefore effective governance is vital to their continued existence. In The Future of Boards, published by Harvard Business School Publishing, Jay W. Lorsch, professor of human relations at the Harvard Business...

  • A LITTLE HELP HERE? BOARD CONTROL, CEO IDENTIFICATION WITH THE CORPORATE ELITE, AND STRATEGIC HELP PROVIDED TO CEOS AT OTHER FIRMS. McDonald, Michael L.; Westphal, James D. // Academy of Management Journal;Apr2010, Vol. 53 Issue 2, p343 

    This study contributes to the corporate governance literature by demonstrating how greater board of director control of management at a given firm can have unanticipated adverse effects on the leadership of other companies. We specifically show that greater board control reduces affected CEOs'...

  • The CEO's 'first hundred days'. Carey, Dennis C.; Ogden, Dayton // Directors & Boards;Summer2002, Vol. 26 Issue 4, p53 

    Reports that chief executive officers (CEOs) have a better chance of succeeding if they move quickly and put their own governance team in place in the first 100 days. Importance of assembling a senior management team that can enthusiastically implement a new strategic direction and support the...

  • A DELICATE BALANCE: THE TWO FUNCTIONS OF THE CEO. Leidecker, Joel K.; Bruno, Albert V.; Yanow, Arlene // Management Review;Aug88, Vol. 77 Issue 8, p18 

    Discusses the two functions of the chief executive officer (CEO) and the importance of balancing the dual roles in order to be an effective strategic planner. CEO as chief; CEO as executive.

  • The Board-Savvy CEO. Eadie, Doug // Nonprofit World;Mar/Apr2008, Vol. 26 Issue 2, p20 

    The article offers information on selecting chief executive officer (CEO) in a nonprofit organization in the U.S. CEO is described as the master the strategic team in the organization. Board-savvy CEOs are the high profile executive who can create various jobs such as strong board leadership and...

  • SELECTING THE BEST CEO ACCORDING TO A COMPANY'S KPI -- HP'S STUDY CASE. Bodislav, Dumitru-Alexandru // Quality - Access to Success;2012 Supplement, Vol. 13, p30 

    Selection of a CEO has a profound impact on the rate of success of a corporation and represents the sole responsibility of the board. During the selection process of a new CEO, the board must understand the company' situation's dynamics and make an objective evaluation of the needed skills to...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics