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washingtonpost.com > Business > Special Reports > Governance
Resources
Web Links Sarbanes, Oxley Act (PDF)
 The Corporate Library
 Corporate Library Report on CEO/Chairman splits in the S&P 500
 Council of Institutional Investors
 International Corporate Governance Network
 Investor Responsibility Research Center
 Proposed NYSE Listing Standard Requirements
 Proposed NASDAQ Listing Standard Requirements
Top CEOs
Excellent Year for Executives
Take-home pay for chief executives at some of the largest U.S. companies swelled last year, driven by fatter bonuses and bigger payouts from long-term incentive plans.

Dissatisfied Investors Push Corporations to Reform
PEMBROKE, Bermuda -- In 1996, no board members bothered to show up for Tyco's annual meeting. The few shareholders who attended heard from just one man: chairman and chief executive L. Dennis Kozlowski. When one investor complained about not being able to question directors on the company's ferocious appetite for acquisitions, Kozlowski brushed him off.

Declining a Place at the Table
When Richard K. Armey left public life earlier this year, he received a handful of offers to join corporate boards. The former House majority leader appeared to have the perfect high-profile director's risumi: Capitol Hill power broker, PhD and former economics professor, tax-cut evangelist. But after considering the possible hazards of board service and discussing the issue with former Maine senator George J. Mitchell, a boardroom veteran, Armey rejected every offer.

Bond-Rating Firms Get Into Governance
When bond-rating agency Standard & Poor's Corp. launched a service in 1998 to assess how effectively companies are run, executives planned to concentrate on Europe, Asia and other places. Then S&P realized that the biggest market might well be the United States.

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