January 12, 2005
Why corporate boards should blog
IR Web Report, a site focused on investor relations, explains why corporate boards should blog. In short, in the era of Sarbanes-Oxley and increasing disconnects between corporate boards and shareholders, anything that encourages transparency can be a big win for both sides.
Blogging is a more honest and inclusive way of communicating on the Web because it is difficult for any one party to dominate the discourse. Shareholders would be able to comment on Web postings by directors and other commentators. They would also be able to post comments on their own blogs and have these linked from the board's blog. Anyone with a right to have their say as a shareholder would have an opportunity to do so.
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