The primary mission of Financial Poise™ is to provide reliable plain English business, financial, and legal education to individual investors, entrepreneurs, business owners, and executives, and to help trusted advisors do the same.
- Home »
- Fiduciary Duties & Corporate Governance
Articles tagged: Fiduciary Duties & Corporate Governance
Revisiting the Three Circle Model of Family Business to Strengthen Governance Structures
It’s been 40 years since Gersick introduced the Three Circle Model for Family Business. How can you assess governance maturity in each circle? Read More
Families in Business: Mapping Out Your Family Vision with a Business GPS System
Bypass U-turns with this “GPS system” that aligns family vision and helps find the fastest path to meeting your family’s business objectives. 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
Psychology of a Private Company Board in Fund-Owned Businesses
The board of directors has a fiduciary duty to the interests of the company and owners, so how does it handle fund-owned businesses? Read More
The Basics of the Board of Directors – Roles, Structures and Duties
The role of the board of directors is to represent shareholders. Learn about board of director functions, from small to mature companies. Read More
The Art of Balancing Family Dynamics in Family-Owned Businesses
It’s vital to balance corporate governance with family dynamics. Family-owned businesses fail when relatives’ goals and values don’t align. Read More
Forming A Peer Advisory Board To Cope With COVID-19
The effects of COVID-19 will affect businesses beyond 2020, but creating a peer advisory board now could help your business survive long-term. Read More
Feedback is the Breakfast of Champions: Designing Fruitful Board Evaluations
Private company board evaluations need focus, consistency and discipline. Consistent and honest feedback can facilitate business growth. 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