When you enter the hospital as a patient, you have certain expectations for how you will be treated. You expect that the doctors will use tests to assess your health. From there, you can reasonably anticipate that the assessment will…
One of the new trends in corporate governance is creating a diverse board of directors that not only breaks the Caucasian male stereotype, but also moves the corporation toward greater success. Women, along with African-Americans and people of other ethnicities…
Ethical behavior means acting in ways that are consistent with what society, individuals and businesses generally accept as good values. Good values include traits like honesty, dignity, diversity, fairness and respect for individual rights, to name a few. Integrity drives…
State laws generally require all publicly traded companies to hold annual meetings to conduct the most important business of the year. The investment field generally refers to the months between March and June as the annual meeting season. Mid-cap and…
The scandals of major corporations like Enron and others in the banking industry caused a significant tightening up of regulations in the securities industry. As a result, large corporations scrambled to keep pace with new expectations for compliance. Fortunately, they…
On May 14, 2017, Brad Smith, president and chief legal officer of Microsoft, posted a Microsoft blog including “Lessons from last week’s cyberattack”. His message and warnings referred to the previous Friday’s “WannaCrypt” ransomware attack, which quickly spread globally from…
Reviewing the board packet, attending meetings, approving financial reports and serving on committees — these are all responsibilities that board directors of non-profit, private and public corporations can expect to have. Serving on non-profit boards serves as good experience for…
Almost everyone welcomes new ways of doing things that create efficiency and savings. Technology is daily delivering innovative ways for us to do that. Not only are corporations open to learning about new ideas that streamline their operations, but they…
When board directors behave badly, the consequences for the board director and the organization can be swift, severe and long-lasting. Misconduct by board directors can be intentional or unintentional, and sometimes it’s difficult to tell the difference. When someone perceives…
One board role, more than any other, has historically required more duties, and more varied responsibilities, than any other role within corporate governance. That is the role of the company secretary—a person whom every board member values. Board directors know…
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