Review the eight basic functions of board of directors duties, and the expanding role of its membership.
In order for a board to achieve success, each member must understand and embrace their indispensable role in corporate governance. In this easy-to-read refresher, we explore the various aspects of board of directors duties and how they impact the development of the organization served.
Download this white paper on Board of Directors Duties 101 to brush up on your knowledge of:
- CEO selection and compensation
- Policy-making and its role in corporate oversight
- Fiduciary duties and the Business Judgment Rule
And much more. The modern-day board of directors faces challenges such as personnel oversight, security threats, and shifting cultural trends in companies. Facing those challenges requires a combination of collaboration, a thorough vetting process for membership, and establishing best practices for the organization from the beginning.