IMD-3-1737 © 2006
Steger, Ulrich
The study explains an imaginary (however common) conflict of interest at board level. The chairman of the board needs to handle a board member who desires - on top of his alary as a board member - to be made up for consultancy work that will assist the business to get to a future crucial market.
If his demand is decreased, the board member has likewise the power to considerably impede market access. Knowing goal: To show how regular board disputes materialize; how they can be evaded and fixed.
Subjects: Corporate governance; Board conflicts; Board work
Settings: Europe; Energy; 90'000; Mid-2000
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