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Oct 31, 2002

Leader: Political grandstanding

Do politics have a place in the boardroom?

Do politics have a place in the boardroom? Of course a lot of board decisions are political with a small p, with alliances formed at the country club and just reaffirmed in the boardroom. Or look at Jean-Marie Messier, former CEO of Vivendi Universal. His board was divided geographically - North America versus France - with French board members backing him and North American directors plotting his downfall, according to Vanity Fair magazine. North America won over France and now Messier is

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