Governance Problems at Royal Dutch/Shell |
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ExcerptsThe Twin-Board Structure
Due to such division of corporate authority, analysts also called Shell one of the world's three most international organizations, the other two being the Roman Catholic Church and the United Nations Organization... The Drawbacks
Analysts commented that Shell lived in a world of its own with "a history of
cumbersome bureaucracy, opaque governance and prickliness to outsiders. "Many analysts found the functioning of twin-board structure very complex to
understand.
It was decided to abolish the twin-board structure by creating a single management body with greater powers and responsibility... |
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