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Mark Zuckerberg 'has so much control' that Facebook doesn't have good corporate governance: expert

Mark Zuckerberg 'has so much control' that Facebook doesn't have good corporate governance: expert

Facebook needs to step it up on the corporate governance front.
September 19th, 2019|Tags: , , |

On Thursday September 19, 2019, Yahoo wrote:
Facebook needs to clean up its corporate governance act if it wants to rebuild trust with users and the government.

When you have a founder like Mark Zuckerberg —who is a wonderful guy, nice guy and everything — but he has so much control that they don’t really have good governance at Facebook.

Besides having an outsized presence on the Facebook board, Zuckerberg has the necessary voting power through his dual class structure to control all decisions being made.

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