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metalspot • yesterday at 9:14 PM • 1 reply • view on HN

This is completely false. The board has a fiduciary duty to conduct an independent investigation. It is completely routine.


Replies

JumpCrisscross • yesterday at 9:55 PM

> board has a fiduciary duty to conduct an independent investigation

What are you basing this on?

> It is completely routine

This is bullshit. In a majority of cases where the Board independently investigates a public-company CEO, the CEO gets removed [1].

[1] https://www.gsb.stanford.edu/faculty-research/publications/s...