University of Virginia fired its president , Teresa Smith , after she was fired . In life , substance matters , and it does so equally on campus , in business or in government . David Trachtenberg : By ignoring stakeholders , board committed the crime of insult . He says the board showed a disregard for the standing of faculty and staff . Trachtenberg : Rehiring of president is a victory for participatory democracy .
University of Virginia fired its president , Teresa Smith , after she was fired . David Trachtenberg : By ignoring stakeholders , board committed the crime of insult . He says the board showed a disregard for the standing of faculty and staff . Trachtenberg : Rehiring of president is a victory for participatory democracy .