Emerson may be latest to adopt shorter board terms as accountability measure
An article for the St. Louis Times-Dispatch referenced a study by Dean and finance professor Martijn J. Cremers and his co-researchers which found that staggered boards created value for firms “engaged in innovation and where stakeholder relationships matter more." Eighty-seven percent of large companies had gone to one-year board terms by 2017, and Emerson has joined the trend.
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