July 20, 2012
Part 3: Excessive executive pay can be dangerous: If directors can’t say no to the CEO on pay, they probably can’t say no to poorly designed strategy or head off operational fiascos.  (Illustration by Rami Niemi | Op-Ed by Nell Minow on Bloomberg View)

Part 3: Excessive executive pay can be dangerous: If directors can’t say no to the CEO on pay, they probably can’t say no to poorly designed strategy or head off operational fiascos.  (Illustration by Rami Niemi | Op-Ed by Nell Minow on Bloomberg View)

July 19, 2012
Part 2: In the wacky world of public corporations, you win even if 99 percent of the shareholders vote against you. (Illustration by Rami Niemi | Op-Ed by Nell Minow on Bloomberg View)

Part 2: In the wacky world of public corporations, you win even if 99 percent of the shareholders vote against you. (Illustration by Rami Niemi | Op-Ed by Nell Minow on Bloomberg View)

July 18, 2012
Part 1: We don’t let students grade their own exams, but we let CEOs chair their own boards. (Illustration by Rami Niemi | Op-Ed by Nell Minow on Bloomberg View)

Part 1: We don’t let students grade their own exams, but we let CEOs chair their own boards. (Illustration by Rami Niemi | Op-Ed by Nell Minow on Bloomberg View)