There's a column in the new issue of The Economist talking about nothing less than a "revolution" of corporate governance through transparency and accountability in American boardrooms.

"Club ties and long lunches [have] been swept aside" to make room for reformers, says the editorial. As proof, the magazine cites a Booz & Company survey that shows less than 12 percent of incoming CEOs were also made chairmen in 2009, compared to 48 percent in 2002.

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