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  • Spring 2013
  • Article
  • Harvard Business Law Review

America's Changing Corporate Boardrooms: The Last Twenty-Five Years

By: Jay W. Lorsch
  • Format:Print
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Abstract

This article outlines several significant changes in corporate boardrooms over the past twenty-five years and uses those lessons to propose a thought experiment about how boards can be shaped in the future. Professor Lorsch argues that the major problems in the last twenty-five years have been the negative, unindended consequences of reforms and the inability to balance the interests of the various stakeholders. Future policymakers should turn their attention to resolving these issues, because they have the potential to thwart other attempts at progress.

Keywords

Boards Of Directors; BEST Practices; Stakeholder Engagement; Governing and Advisory Boards; Problems and Challenges; Business and Stakeholder Relations; Change

Citation

Lorsch, Jay W. "America's Changing Corporate Boardrooms: The Last Twenty-Five Years." Harvard Business Law Review 3, no. 1 (Spring 2013): 119–134.

About The Author

Jay W. Lorsch

→More Publications

More from the Author

    • March 2018
    • Faculty Research

    A Nonprofit Board in Transition at Farrington Nature Linc

    By: Jay Lorsch and Emily Irving
    • June 2017 (Revised October 2017)
    • Faculty Research

    Uber in 2017: One Bumpy Ride

    By: Suraj Srinivasan, Jay W. Lorsch and Quinn Pitcher
    • Annals of Corporate Governance

    Understanding Boards of Directors: A Systems Perspective

    By: Jay W. Lorsch
More from the Author
  • A Nonprofit Board in Transition at Farrington Nature Linc By: Jay Lorsch and Emily Irving
  • Uber in 2017: One Bumpy Ride By: Suraj Srinivasan, Jay W. Lorsch and Quinn Pitcher
  • Understanding Boards of Directors: A Systems Perspective By: Jay W. Lorsch
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