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An independent Board Chair has been found in some academic studies to improve the performance of public companies. Separating the roles of Chair and CEO is the norm in Europe, and 51% of S&P 500 boards split the Chair and CEO roles. In an article in The Washington Post about Facebook’s corporate governance structure in 2017, SumOfUs argued that that an independent Chair of the Board would be better able to oversee the executives of the company, improve corporate governance and set a more accountable, pro-shareholder agenda. SumOfUs believes Amazon.com should also adopt these changes for a similar set of reasons.
An international kite-flying festival kicks off on May 4 in Shizuishan, Ningxia Hui autonomous region. [Photo by Zhao Zhiyang for chinadaily.com.cn]
An employee selects paint from a stack at AkzoNobel NV's paint factory in Ashington, the United Kingdom. Provided toCHINA DAILY
An employee works at the A320 family final assembly line of the Airbus factory in Tianjin.[Photo/Agencies]
An interesting fallout of rising labor cost has been the shift to smaller machinery.
