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The Story of Hewlett-Packard

9 Pages Posted: 12 Nov 2009  

Barbara Black

University of Cincinnati - College of Law

Date Written: November 15, 2009


With the development of the modern corporation, corporate boards have been the locus of corporate authority, and particularly since the 1980s, boards and their performance have been under intense scrutiny. Nevertheless, corporate law has not developed a consistent theory for what boards are supposed to do; instead, it sends mixed messages about the functions and expectations of boards and the appropriate people to sit on them. The HP saga illustrates some of the dilemmas faced by directors confronted by these competing pressures.

Keywords: corporations, board of directors

JEL Classification: K22, K29

Suggested Citation

Black, Barbara, The Story of Hewlett-Packard (November 15, 2009). University of Cincinnati Law Review, Vol. 77, p. 383, 2009; U of Cincinnati Public Law Research Paper No. 09-38. Available at SSRN:

Barbara Black (Contact Author)

University of Cincinnati - College of Law ( email )

P.O. Box 210040
Cincinnati, OH 45221-0040
United States

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