CA moves to quiet critics.

• Position: Business Briefs

Long criticized for a corporate governance structure that seemed to kowtow to CEO Charles Wang, Computer Associates has moved to implement major changes.

In May, the Garden City, N.Y-based company agreed to: establish an annual board review of Wang or his successor; limit the number of inside directors on its 12-member board to three; shorten the terms of independent directors; and adopt guidelines issued by the New York Stock Exchange on what constitutes an "independent" director.

Shareholder activists remain skeptical. Patrick McGurn, director of corporate programs at Institutional Shareholder Services, told The Wall Street...