This ACC guide provides a Q&A that gives a high level overview of board composition, the comply or explain approach, management rules and authority, directors' duties and liabilities, transactions with directors and conflicts, company meetings, internal controls, accounts and audit, institutional investors and reform proposals in the United States.
Our 2014 update explores objectives, content and coordination of board education and training programs, as well as the process of on-boarding new directors. This Leading Practices Profile also identifies the role of the legal department, corporate secretary and board committees in coordinating content and managing logistics.
This article discusses the duties of a board member and how to limit civil liability for breach of these duties. In addition, this document analyzes the business judgment rule, as well as key cases.
Corporate counsel in every industry are facing new and more frequent challenges in dealing with fraud and corruption. As companies grow and expand, gaining knowledge about how to identify and confront these issues is vital to counsel. The key to detecting and preventing fraud and corruption is vigorous employment screening protocols.
Working on a nonprofit board can a valuable and rewarding experience. But when the members of the board fail to ask the right questions about how their organization is being managed, the results often end up making the front pages.
The ACC Docket interviews James Williams about his work at the Liquidity Services and risk management.
People in positions of power generally have the intelligence and experience to lead their companies into the next level of success. Their executive qualifications, however, do not guarantee that they are warm, fuzzy people persons who treat their staffs with respect. When execs are behaving badly, corrective coaching can be a way to transform a roughshod employee into an exemplary one.