Faculty News | Bloomberg Businessweek | 27 Mar 2013
Wells Fargo Investment Unit Paid Board Member’s Son $1.4 Million
Re: Jay Lorsch
It’s difficult to evaluate whether a conflict exists without knowing whether the son received favorable treatment, said Jay Lorsch, a Harvard Business School professor who has studied corporate boards and management for 25 years. “Why would the son of a director being an employee automatically be a conflict?” Lorsch said. “I don’t know. It may be, but you could make the argument on both sides.”

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