Public company management needs to set the appropriate tone at the top and that culture needs to be carried throughout the company and exhibited by the board of directors in its oversight of management and in its protection of shareholder interests.
Protection of shareholder interests must still be the board's primary goal.
mnli hypothesis: Protection of shareholder interests must still be the board's primary goal. premise: Public company management needs to set the appropriate tone at the top and that culture needs to be carried throughout the company and exhibited by the board of directors in its oversight of management and in its protection of shareholder interests.