Mark Zuckerberg testifies before the House Energy and Commerce Committee Chip Somodevilla/Getty Images

Facing Facebook’s Responsibility

When Facebook went public in May 2012, its capacity for effective corporate governance was already in doubt. Now it needs to take responsibility for its behavior in a way befitting its influence, by changing its governance and operational behavior.

LONDON – When Facebook went public in May 2012, its capacity for effective corporate governance was already in doubt. Fast-forward six years, and Facebook has accumulated massive power, access, and influence – and, in many ways, proved the doubters right.

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