NEW YORK (TheStreet) -- More than a year after the financial meltdown put corporate governance in the spotlight again, many of America's largest companies haven't eliminated conflicts of interest, aligned pay with performance and boosted risk management.
Here's a closer look at the corporate governance issues that persist at eight major companies.
Goldman Sachs (GS) Chief Executive Lloyd Blankfein also serves as the company's chairman, an inherent conflict of interest. Rather than form a separate committee to oversee the company's risk exposure, the board's audit committee oversees risk management in addition to its financial statement preparation duties.
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