Monday, January 08, 2007 Just consider how intense shareholder pressure over Home Depot Inc.'s CEO pay finally contributed to Robert Nardelli's surprise resignation last week. And Morgan Stanley seems to see power in using governance to its advantage, too, as evidenced by its recent hire of a well-regarded expert in investor activism to work in its investment division. The message is simple: As much as cash flows and earnings matter in investment decisions, getting ahead in today's markets also entails closely watching how corporate boards enrich top executives and the power they allow such leaders to have over business dealings. New generation of gadflies taking on corporate governancePrevious articles Say goodbye to Sarbanes-Oxley
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