Corporate Governance Triangle in the Post Sarbanes-Oxley Period

Dr. Bedi presents valuable research into the wielding of corporate power by industry''s most powerful corporate stakeholder - public pension funds. He provides an historical look at the growing recognition of pension funds as institutions capable of influencing corporate actions, and then survey''s the receptiveness of CEO''s to that influence on a number of "hot button" issues. Dr. Bedi''s research presents data that helps to inform the debate over the role of independent directors and the board leadership role they are increasingly being asked to take on. His work helps us to better understand the nature of the relationship between companies and their major stakeholders and provides a strong insight into what may lie ahead as that relationship continues to evolve.