ANALYSIS: Corporate Governance, B.C./A.D.

Corporate governance, B.C. (Before Coronavirus): A rock concert-sized crowd of shareholders packs into an arena in Omaha every year to hear from Warren Buffett (and buy discount Hanes underwear and other Berkshire Hathaway products).

Corporate governance, A.D. (After Disruption): Businesses sit empty, the economy contracts, and companies must adjust the way their organizations operate, often on the fly.

Some changes resulting from the pandemic may be temporary, and will fade with the threat of infection. Other changes will be transformational and will mark the spring of coronavirus as a sharp dividing line between the past and a new future.

The ...