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Articles tagged: Fiduciary Duties & Corporate Governance
Family Governance is Not Business Governance
Family businesses are unique, and the way they are run differs from family to family. Explore the varying degrees of both corporate and family governance and why each is important Read More
Advice for Securing Your First Board Seat
Obtaining a board seat was already difficult but has become more challenging over the years because of how highly competitive it is. Find out what steps you can take to best prepare yourself. Read More
An Outside Director’s Considerations for Acquisition Due Diligence
Don’t be tempted by shiny object syndrome. Directors should conduct acquisition due diligence using these questions. Read More
C-Suite to Boardroom: The Traits an Experienced Executive Needs to Be an Effective Director
An executive can make an effective board director, but he or she must be aware of how the boardroom style differs from c-suite leadership. Read More
STEP, KPMG Study: Global Family Business Governance Trends
Here’s what the STEP survey on global family business trends reveals about governance, Millennial leadership, diversity and retirement. Read More
Psychology of a Private Company Board Part 2: Family-Owned Businesses
The board of directors for a family-owned business has a duty to the company’s owners, but family dynamics often complicate its direction. Read More
Happy Owner, Happy Board: The Strategy of a Private Company Board of Directors
A public company must focus on shareholder value, but a private company board of directors answers to one person only: the owner. Read More
For Effective Boards, “Noses In, Fingers Out” Can Be Widely Interpreted
Should an effective board of directors stick its nose into business matters or keep its fingers out? A leadership crisis heightens the question. Read More
Warren Buffett Speaks Out on Independent Director Performance
Warren Buffett’s annual letter is critical of independent directors of public companies—but can their bad behavior influence private companies as well? Read More
Crash Course on LLC Management and Structure
Starting an LLC has certain advantages for business owners, including flexible organization. Learn about LLC management, structure and taxation. Read More