Sentences with phrase «independent leadership structure»

Dalton et al. (1998)(reviewing 31 studies of board leadership structure and finding «little evidence of systematic governance structure / financial performance relationships») and Rhoades et al. (2001)(meta - analysis of 22 independent samples across 5,271 companies indicates that independent leadership structure has a significant impact on performance, but this impact varies with context).

Not exact matches

The Board believes that an important component of the Board's leadership structure is having an effective Lead Independent Director in place with broad authority to direct the actions of the independent directors and regularly communicate with the Chief ExecutiIndependent Director in place with broad authority to direct the actions of the independent directors and regularly communicate with the Chief Executiindependent directors and regularly communicate with the Chief Executive Officer.

The Board believes that its current leadership structure, in which the positions of Chairman and Chief Executive Officer are held by Mr. Musk, together with a Lead Independent Director with broad authority, is appropriate at this time and provides the most effective leadership for Tesla in a highly competitive and rapidly changing technology industry.

The Board believes that the Lead Director structure provides the same independent leadership, oversight, and benefits for the Company and the Board that would be provided by an independent Chairman.

We believe the corporate governance measures noted above demonstrate that our Board has embraced independence, and our shareholders have recognized the effectiveness of our current Board leadership structure by re-electing our Chairman, the Lead Independent Director, and other Board members each year.

One study provides evidence consistent with one explanation of the overall lack of strong findings: optimal board structures may vary by firm size, with smaller firms benefiting from a unified chair / CEO position, with the clarity of leadership that structure provides, and larger firms benefiting from the extra monitoring that an independent chair may provide given the greater risk of «agency costs» at large companies.

The Board believes that this leadership structure improves the Board's ability to focus on key policy and operational issues and helps the Company operate in the long - term interests of shareholders, while maintaining a strong, independent perspective.

The leadership structure of our Board of Directors includes (i) a combined Chairman of the Board and Chief Executive Officer, (ii) independent, active and effective directors of equal importance and rights, who all have the same opportunities and responsibilities in providing vigorous oversight of the effectiveness of management policies and (iii) a Lead Independenindependent, active and effective directors of equal importance and rights, who all have the same opportunities and responsibilities in providing vigorous oversight of the effectiveness of management policies and (iii) a Lead IndependentIndependent Director.

GE, whose shares are down around 50 percent in the past year, said in its proxy statement that its current structure — John Flannery holds both jobs — is the most effective at this time, that dividing the roles could blur accountability, and that the lead director provides independent leadership.

The Board believes that the most effective Board leadership structure for the Company at the present time is for the CEO to serve as Chairman of the Board in conjunction with the appointment of a Lead Independent Director as described below.

We believe that independent and effective oversight of Oracle's business and affairs is maintained through the composition of our Board, the leadership of our independent directors and Board committees and our governance structures and processes already in place.

Once we begin to think of our faith in terms of largeness instead of largess; once we begin to think of our faith in terms of measurable success or significant achievements or community stature or statistically significant gains or business models or congregational models or appropriate budget processes or cash flow direction or generally accepted accounting practices or independent audits or administrative requirements or procedural transparency or proper leadership roles or managerial responsibilities and boundaries or membership trends or effective organizational structures or current and accurate and relevant identity / purpose / vision / mission statements or strategic and tactical plans or valid and useful performance metrics — at that point, we have become money changers and temple authorities, we have deformed from a community into an industry that requires exclusionary individualism.

Once we begin to think of our faith in terms of largeness instead of largess or in terms of measurable success or significant achievements or community stature or statistically significant gains or business models or congregational models or appropriate budget processes or cash flow direction or generally accepted accounting practices or independent audits or administrative requirements or managerial transparency or proper leadership roles and boundaries or membership trends or effective organizational structures or a current and accurate vision statement — at that point, we have become the money changers — we have lost our faith and deserve to be driven away for we are neither living nor sharing the Good News.

Two years prior, in the midst of the investigations, corruption charges, late budgets and general disorder in the Senate leadership structure, Bronx Senator Jeffrey Klein had led three of his colleagues to split off from the larger caucus and form the Independent Democratic Conference, and cut a deal with Republican leader Dean Skelos of Long Island to allow the IDC and the GOP to control the body together.

SAN JUAN, P.R. — Smiling widely and flanked by three of his colleagues in the Independent Democratic Conference, Bronx Senator Jeff Klein offered few clues about how the leadership structure of the State Senate will appear next year.

Capital and endowment campaigans are an integral part of independent school business models, community structures, and leadership efforts.

To help quell investor rumblings in mid-2011, the company announced that it was appointing an independent committee to review its leadership structure; one of the points of contention was the dual role of the co-CEOs as co-chairmen of the board, and a report today from Canada's Financial Post suggests that the committee might be gearing up to take action.

As a starting point in reviewing procedures, I encourage leadership at the University of Texas Energy Institute and similar centers focused on energy, the environment and health to consider the structure of the 32 - year - old Health Effects Institute, which was created to conduct independent studies of health impacts of air pollution and is co-funded by the Environmental Protection Agency and the worldwide motor vehicle industry.

The framework and the WHO principles refer to indigenous peoples as those «with clearly identifiable community and leadership structures... and a significant political voice».7 Our references to Indigenous peoples include Aboriginal peoples and Torres Strait Islanders and their representative bodies, such as NACCHO, ACCHSs and Affiliates — all independent but related entities.