Dot-com companies may be leading the way in stock valuation, but are they protecting shareholder value with good corporate governance?
The argument goes something like this: Dot-coms and other emerging growth companies are different than the rest of corporate America and therefore the rules for accepted corporate governance practices don't apply to them.The counter argument is rather simple: these companies are exactly like everyone else, and sometime soon they are going to pay the price for failing to realize this. The stark contrast between these two theories, and the gulf of reasoning that separates their proponents, was
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