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Articles tagged: Fiduciary Duties & Corporate Governance
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
Cybersecurity Challenges for Boards of Directors
COVID-19 has moved board meetings online, excacerbating hacking threats. Now more than ever, cybersecurity needs to be part of a strong diligence process. Read More
Non-Executive Directors Provide Leadership When It is Needed Most
There are many advantages of non-executive directors. They provide accountability, leadership during difficult situations and true change to divided firms. 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
Understanding Behavioral Finance and Your Financial Advisor’s Biases
Your advisor is not immune to behavioral finance biases, such as overconfidence or loss aversion. How does behavioral finance affect your investments? Read More
What is a Corporation? Formation, Management and Taxation in 2020
LLCs offer more flexibility and less administrative burden. But corporation management may still be the way to go. What are the advantages of a corporation? Read More
COVID-19 & the Corporate Director: Key Duties & Actions
C-Suite executives run the day-to-day affairs of a company. The board of directors is responsible for long-term strategy and extraordinary decisions. COVID-19 has created a landscape in which extraordinary decisions need to be made every day. Read More
That’s SOC, Not SOX: SOC Reports Audit the Safety of Company Data
An SOC report tells business owners, buyers and fiduciary directors if their data is being safely managed by a service organization. Should you request one? Read More