Murdoch Cleanup Effort Draws Fire Over Independence, Mandate

News Corp.’s Rupert Murdoch told British lawmakers he’s the “best person” to clean up the company after a phone-hacking scandal. Fifteen days later, it isn’t clear how he’ll accomplish that.

The committee the New York-based media company set up to address the allegations isn’t sufficiently independent and lacks a clear mandate to investigate wrongdoing, said corporate governance experts and investors. News Corp., led by Murdoch, has structured the new “management and standards committee” around too many insiders, said Jeffrey Sonnenfeld, a professor at Yale University’s School of Management.