v. Stephens, Delaware Supreme Court clarified the law, making clear that
corporate officers are subject to the same fiduciary duties as directors. Jack
Siegel's analysis of this decision provides best practices and lessons
corporate officers and directors, particularly in the nonprofit...
The governance legacy of the recent credit
crisis is the importance of directors and officers effectively identifying,
quantifying and managing the company's most important risks. A new discussion
has been added which explains the purpose, importance and structure of an
Enterprise Risk Management...
No surprise. The first derivative suit against HP
and its board of directors was filed in the Central District of California.
Here's the complaint: Espinoza
v. Leo Apotheker et al . It was filed on Wednesday - before Apotheker
was fired. So it's more concerned with Apotheker's recent...
Whether it's at conferences, in new studies or on the
blogosphere, the issue of whether or not there are enough women in the
boardroom has begun to pick up steam globally. The issue has been the
topic of a recent forum in New York City, a recent global study on differences
by David Carroll
Small, privately owned corporations deal with all types of challenges: competition, government regulations, recessions, rising cost of benefits for employees —the list is long. But one area that seems to be a persistent problem for small businesses is the area of fraud, in particular...
In recent months, commentators from across the political spectrum, largely in response to perceived excesses of activist investors, have called for changes to discourage “ short-termism ” – that is, the perceived excessive focus of businesses on short-term results rather long-term value...
In the world of corporate governance, there are a number of common presumptions about board structure and practices. However, according to a recent paper, many of these presumptions may in fact represent corporate governance “myths.” In their September 30, 2015 paper entitled “Seven...
Because the vast majority of U.S. publicly traded companies are incorporated in Delaware, legal developments in Delaware have a particularly important impact on legal standards governing corporate conduct in the U.S. Delaware law is particularly influential with respect to the responsibilities and potential...