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…
When all the numbers are in the black and the financial reports are climbing steadily, it’s easy for investors to assume that their investments are in capable hands. The longer they invest in a corporation that is continually making money,…
Any number of reasons may prevent a board director or member of a corporation from attending an important meeting, such as a special meeting or an annual meeting. The member doesn’t always have to be physically present to cast a…
The age of technology has far-reaching effects in relation to how we live, work and play, and in virtually every other facet of our lives. No industry has been untouched, including the long-standing customs and traditions of academia. Issues like…
The board handbook offers a wealth of knowledge about who the board is and how the directors should be working together to make strategic plans according to the organization’s mission. The same idea holds true for corporations and non-profit organizations.…
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