| Goals
of Corporate Governance
PointStar believes that any changes in pursuit of
excellence in corporate governance should be driven by the following
goals:
- Maximize long-term shareholder value
- Minimize risk of material declines in shareholder value
- Buttress "reasonability" defenses for directors
and executives
Clearly, the first two goals are the highest priority.
However, in today's litigious, high-publicity environment, each
person involved in corporate governance need to take every action
possible to assure responsible, well-intentioned choices are made
and that serious errors and oversights do not compromise shareholder
value. |