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Ralph Nader, Mark Green, and Joel Seligman, in an excerpt from Taming the Giant Corporation (1976, found in Honest Work by Ciulla, Martin, and Solomon), take on the current role of the company's board of directors and suggest changes that should be made to make the board of directors effective. They argue that the current composition of the board of directors does not necessarily do the company justice because “in almost all large American corporations… there is an autocracy of management” (Nader, Green, & Seligman, 1976, p. 570) . The main resolution they are putting forward is to make the board more democratic with improving the company as the first priority. Currently, the board of directors no longer oversees operations or elects the company's top executives, and they are no longer involved in business operations to the extent they should be. Nadar, Green and Seligman argue that all of these things need to be changed. For such a large undertaking to succeed, there must be a separation of powers, as there is in any current governmental system (p. 571). They claim that this is the only and best way to succeed (Nader, Green and Seligman, 1976, p. 570-571). Above all, Nadar, Green and Seligman want to change the initial electoral process. Their idea is that the board should be made up of all people who have never worked for the company on whose board they will serve. There will be nine of these people and they will all have assigned tasks which will be discussed in the next paragraph. They will also each have a specific area of expertise linked to the well-being of the company such as finances, customer relations, legal issues, etc. In particular, they want the directors to be elected democratically strictly by the shareholders, and that all financing is because it...... middle of paper ......t is being done. The general idea presented by Nadar, Green, and Seligman is that we need to allow the board of directors to play its original role and remove excess levels of power currently held by the company's top executives. Their goal is to make corporations democratic like the American system of government and to hold everyone who participates in them accountable for the actions they take. Works Cited Goldman, A. (1983). The justification of advertising in a market economy. Honest work (pp. 299-303). New York, NY: Oxford University Press. Nadar, R., Green, M., & Seligman, J. (1976). Who runs the company? Honest work (pp. 570-575). New York, NY: Oxford University Press. Werhane, P. and Radin, T. (1995). At-will employment and due process. Ethical Theory and Business (Sixth Edition ed., pp. 266-275). Upper Saddle River, New Jersey: Prentice Hall.