French Corporate Governance Revolutionizes Boardrooms with Two-Tier Structure.
The article discusses the need for reform in French corporate governance due to recent corruption allegations. The goal is to create a structure where directors act in the best interests of shareholders and balance power between executives and non-executives. The approach involves reevaluating traditional managerial roles and increasing shareholder voice in decision-making. The findings suggest that reforming governance can lead to increased shareholder value and proper management techniques.