FRONTLINES: A TRIP BACK IN TIME: TO FIGURE FUTURE, TAKE A LOOK BACK

The latest edition of Directors & Boards traces the evolution of corporate boards from the days of dominating insiders to today's independent overseers. James Kristie, editor and associate publisher of the Philadelphia-based corporate governance quarterly, said, "When people wonder where the corporate governance movement is going, this gives them a sense of how far it's come." The time line starts with J.P. Morgan's testimony at the 1912 Pujo congressional hearings about his family's domination of industry and ends with the Securities & Exchange Commission's 1997 plans to amend its shareholder proposal rule.