Features
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The Risky Business of Audit Committees
Feeling the pressure of the new rules for audit committees? Here's how to keep your company out of trouble. If you're on such a committee, be careful. You're wearing a bull's-eye. Plus: Five Questions for Audit Committee Candidates Can You Cut the Mustard? Crammers When to Just Say No |
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Now for Social Security
With a tax cut approved, Treasury Secretary Paul O'Neill says reforming Social Security and the tax system will be next. And he hopes to bring back excellence in government practices along the way. |
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The Incredible Shrinking Micron
The board adopted a Web strategy that has cut this company to a fraction of its former size. The chairman claims that the future points to "a real golden egg." Some wonder if he hasn't laid one. |
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Enron's Ken Lay on Energy and Boards
California may have asked for it, says this White House insider, but everybody should be part of the solution-including directors who should ensure their companies have an energy strategy. |
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No Peace for Pacifica
Think you have to take excessive abuse from your shareholders? Try sitting on the board of Pacifica, the counter cultural radio network,where some of your biggest customers have taken to the streets to demand your ouster. Worse, some of your fellow directors agree with them. |
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Staying Buff at Tyco
By embracing the acquisition strategy of the CEO-and reining him in when necessary-the conglomerate's board has avoided the crash layoffs that beset just about everybody else. |