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Articles tagged: Fiduciary Duties & Corporate Governance

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.

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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.

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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.

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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.

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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.

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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.

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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.

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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?

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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.

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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.

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