The Myth of CEO Accountability [Archive.org URL]

When the day is done, very few CEOs and boards are involved in the chicanery, deception, stock manipulation, insider trading, and other misdeeds that have given American corporate governance a black eye. Truly, there will always be a few bad apples, but even the best and the brightest can be caught off guard. While there is no perfect system, it is indeed possible to make a case for plausible deniability. These five steps offer the most credible way for CEOs and board members to demonstrate their commitment to being held accountable.

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