Tesla, Intel and the fecklessness of corporate boards
Too many directors at American companies aren’t doing their job
SITTING ON THE board of a large American company is at once the plummest and most thankless work in business. Plum because, when everything is going right, you pocket $300,000 a year in cash and stock for showing up to a well-catered meeting every month and a half. Thankless because you seldom get credit for things going right but take the blame when they go awry. And awry they go with disturbing regularity.
Explore more
This article appeared in the Business section of the print edition under the headline “The board and the feckless”
Business
December 14th 2024- From Apple to Starbucks, Western firms’ China dreams are dying
- Farewell, Don Draper: AI is coming for advertising
- The PayPal Mafia is taking over America’s government
- What Trump’s new antitrust enforcers mean for business
- Why judges were wrong to block the Kroger-Albertsons merger
- What do the gods of generative AI have in store for 2025?
- The employee awards for 2024
- Tesla, Intel and the fecklessness of corporate boards
From the December 14th 2024 edition
Discover stories from this section and more in the list of contents
Explore the edition
How Trump’s tariffs could crush American carmakers
They must hope the levies do not endure
The Economist’s office agony uncle is back
Another bulging postbag for Max Flannel
The smiling new face of German big business
From Allianz to Zalando, pedlars of services are outdoing industrial firms at home—and foreign rivals abroad
Airbus has not taken full advantage of Boeing’s weakness
That could leave a gap for other planemakers to fill
The business of second-hand clothing is booming
Can it be profitable, too?
Zyn is giving investors a buzz—for now
Nicotine pouches are growing fast