February 2026
- Feb 24, 2026ConceptsCorporate Governance Explained for Non-ExpertsGovernance is the architecture of accountability: who decides, who oversees, and how power gets checked. The article walks through board duties, fiduciary duty, audit, pay design and the shareholder versus stakeholder debate, with Theranos, Boeing and Carillion as failure cases. Bebchuk, Cohen and Ferrell's Entrenchment Index study of over 1,800 firms found each one-point rise associated with roughly 6 to 7 percent lower Tobin's Q.
- Feb 20, 2026ConceptsResponsibility vs Accountability ExplainedResponsibility is the duty to do the work and can be split across many people; accountability is answerability for the result and stays with one person, which is why a RACI matrix permits multiple Rs but only one A. The page explains why accountability without authority or consequences is performative, and contrasts Amazon's single-threaded owner model with the failures at Challenger, Wells Fargo, and Grenfell Tower.
July 2023
October 2022
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