I continue my review of The Handbook of Board Governance: A Comprehensive Guide for Public, Private, and Not-for-Profit Board Member. With the current post, I provide comments on Part 7 of the book, Governance of Sustainability. This is why I got into the field as an NIMH Fellow in the late 1970s studying what forms of corporate governance would be […]
A North American board governance guru, Dr. Richard LeBlanc is put on the hot seat to discuss key steps to creating a great board—and how investors can know how effective their board really is. LeBlanc and host TK Kerstetter talk about board leadership, board assessments, board recruitment and composition. Kerstetter also quizzes LeBlanc about his […]
Friday’s are often a good time for reflection, with people thinking about their dreams and the weekend. Today, let’s think about the transformative power of directors. Before we get to Bartley J. Madden, consider Douglas Y. Park statement in Strategy and Compliance As Competing Imperatives For Corporate Boards: As long as the business judgment rule […]
Writing for Inside Investor Relations, Elizabeth Judd‘s article, The Perfect Shareholder Base, demonstrates a more sophisticated approach. Still, I think directors will find Douglas Y. Park’s advice, Shareholder Activism: A Thoughtful Approach for Effective Engagement a better approach. (more…)
What are the board of directors’ duties during the sale of a company? That is, when the seller is experiencing a change of control or a merger or acquisition? As always, the board must observe its duty of care and the duty of loyalty. The duty of care requires the directors to gather the necessary information to decide the appropriate buyer. […]