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Articles tagged: Fiduciary Duties & Corporate Governance
Developing A Risk Management System
Business owners have little time to ponder unlikely events. It’s up to the board and management team to manage business risks continuously. Read More
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
What to Do When Your Company May Be Insolvent
Suppose that a company on whose board of directors you sit (or of which you are a significant owner, perhaps with a personal guarantee) was financially strong not too long […] 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
Governance Systems Should Anticipate and Resolve Business Ownership Conflicts
Business ownership conflicts threaten the continuity of a business, and when decision-makers can’t step up, the board must lead the charge. Read More
How to Plan for Management Succession
Planning for management succession is easier once you know your company’s business objectives and talent needs. Read More
Tips to Manage Business Risks with Your Board and Management Team
Business owners have little time to ponder unlikely events. It’s up to the board and management team to manage business risks continuously. Read More
Structure is the Key to Stronger Family Business Succession Planning
Unorganized family structure can lead to failed business transitions. A successful family business succession plan requires clear roles. Read More
Study: Private Company Board Compensation
How much should board of directors members be paid? In cash or retainers? Find out how companies pay their directors in the latest study. Read More