Roy Disney Quits: Corporate Governance Fails at Disney. The striking thing about Roy Disney's letter of resignation is how studiously he ignores the real problem. This is not to say that the management issues he identifies are not genuine concerns, but merely to suggest that they are symptoms of the underlying root cause. This is not surprising, of course, because it would require Disney to acknowledge that he was part of the problem; namely, one of the worst boards of directors in the history of mankind (okay, maybe that's a little exaggerated). … [ProfessorBainbridge.com]