Revolt in the Boardroom

Throughout the 20th century, American corporations were governed by autocratic, almost unaccountable chief executives. Their word was law and the only check on their power was a board of directors composed of their friends and allies.Then, in a stunning reversal, a momentous series of firings deposed the heads of some of the world''s best-known companies: AIG, Morgan Stanley, Boeing, Hewlett-Packa...