Lexington, Mass. (Dec. 9, 2003) -- Shareholders see a large gap to fill between investor expectations and board performance, according to a survey by Lieberman Research Worldwide.

A majority of respondents say that board functions should include improving product and service quality (59 percent say "very important"), ensuring the company's competitiveness (71 percent), and critically assessing management performance (84 percent), according to the phone survey of 150 institutional investors and 150 individual investors.

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