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Indeed, the profile of the average French board member painted by the Ernst & Young report seems frozen in time: the person is typically a 59-year-old male from one of France's élite graduate schools. He probably serves on more than one board. (French law permits people to...

Author: /time Magazine | Title: France's Boardrooms: Little Diversity at the Top | 1/22/2010 | See Source »

Touati notes that this system has gone largely unaltered for 40 years, despite other changes that have taken place in the economy: nationalization, socialization, privatization and pro-market reforms. Grémont says that such enduring élitism is difficult to challenge in normal economic times, which is the main...

Author: /time Magazine | Title: France's Boardrooms: Little Diversity at the Top | 1/22/2010 | See Source »

But there's another way change could come to the top of France's economic pyramid: the foreigners who hold 40% of the CAC 40 companies' capital could increase that amount and then demand the kinds of shareholders' rights and powers they enjoy in the U.S. and Britain - and stage...

Author: /time Magazine | Title: France's Boardrooms: Little Diversity at the Top | 1/22/2010 | See Source »

Democrats carry the stigma of being tied to Granholm, who in two terms has struggled to guide Michigan through economic and financial crises driven mainly by the state's dependence on the ailing auto industry. Several Republicans have emerged as hopefuls for the the primary to be held in August...

Author: /time Magazine | Title: Michigan's Governor's Race Tests the Democrats | 1/22/2010 | See Source »

As China heads into 2010, its economic policymakers will have to juggle how to control the property market for consumers like Chen without debilitating it or harming the overall economic recovery. "While the authorities aim to contain property-price increases, they are highly mindful of the importance of stability in...

Author: /time Magazine | Title: Amid Recovery, China's Property Market Soars | 1/21/2010 | See Source »

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