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Aug 31, 2001

Leader: The spirit of independence

Investor relations finds itself in the middle of a three-way tug-of-war between shareholders, management and the board of directors

Investor relations finds itself in the middle of a three-way tug-of-war between shareholders, management and the board of directors. Each party is meant to keep the other two in check, while the IRO acts as messenger to them all. Who is saying what about whom? It’s the IRO’s job to find out.Everyone can see the benefit of boards that are independent – they provide a system of checks and balances to offset corporate cronyism. ‘Let an independent, equity-holding board decide

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