Reason #9: The Boardroom Leadership Gap: The Board Oversees (at the Same Time It Is Led by) the CEO.

Reason #8: The Boardroom Amateurs Syndrome: Inadequate Time, Resources, and Expertise for the Job.

Reason #7: Financials, Frauds, and Fumbles: Why “Audit Committee” Is an Oxymoron.

Reason #6: So What Exactly Is the Board Supposed to Do?: Competing (If Not Conflicting) Governance Agendas.

Reason #5: The Howard Hughes Syndrome: Directors Are Cut off from Staff, Shareholders, and Major Decisions.

Reason #4: “Does Anyone Know Why We’re Here?”: Poor Board Meetings and Logistics.

Reason #3: We Don’t Talk about That: Boards Do a Lousy Job of Handling Their Personal Issues.

Reason #2: The Exploding Job Description: We Have No Idea How to Evaluate, Motivate, or Pay Directors.

Reason #1: The Elephant in the Boardroom: Boards Don’t Handle Bad News Well.

Conclusion.

Index.