Coach Pāṇini ®<p><a href="https://mastodon.world/tags/PeterDrucker" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PeterDrucker</span></a> in 1954: "In reality the Board as conceived by the lawmaker is at best a tired fiction. It is perhaps not too much to say that it has become a shadow king. In most of the large companies, it has in effect been deposed and its place taken by executive management."</p><p><a href="https://mastodon.world/tags/BoardManagement" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BoardManagement</span></a> <a href="https://mastodon.world/tags/shareholders" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>shareholders</span></a><br><a href="https://www.kornferry.com/insights/briefings-for-the-boardroom/buffett-s-beef-with-directors-" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">kornferry.com/insights/briefin</span><span class="invisible">gs-for-the-boardroom/buffett-s-beef-with-directors-</span></a></p>