IMD-3-1634 © 2005
Steger, Ulrich; Amann, Wolfgang
If he discovers this company was sold without the wisdom of the board, how should an investor representative to the board of a portfolio company respond? This is actually the question the “hero” of the instance has to reply.
Should his organization only “did he have a duty to represent some broader principles or jog” and take the money?
Subjects: Corporate governance; Role of board members; Conflicts on the board level
Settings: United States; Asia; Investment banking; Automotive supply; 300 million USD in revenues; 2005