Monday, April 11, 2005

Times Leader | 04/10/2005 | Experts cringe at firms giving millions to charities tied to directors

Times Leader | 04/10/2005 | Experts cringe at firms giving millions to charities tied to directors: "Experts cringe at firms giving millions to charities tied to directors

The worry is that the heads of corporations on charity boards lose their independent thinking.

By Andrew Countryman Chicago Tribune


CHICAGO � The nation�s largest corporate foundations in recent years have poured money into organizations affiliated with their companies� board members, which governance experts said can compromise director independence."

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