Long-Tenured Independent Directors Lower Litigation, Activist Risks

Companies with independent directors who’ve served on the board for more than 15 years are less prone to class action lawsuits and activist motions, research shows. …A study found that long-tenured independent board members bring value to companies in multiple ways. …In that time, 486 companies in the Russell 3000 were sued, meaning some firms… Continue reading Long-Tenured Independent Directors Lower Litigation, Activist Risks