Looking Back: 2020’s Top Governance Developments

Corporations nationwide faced a year full of extraordinary challenges, underscoring the increasing importance of the board member’s role...
Corporations nationwide faced a year full of extraordinary challenges, underscoring the increasing importance of the board member’s role...
A Biden Administration can be expected to have a notable impact on corporate governance, both through specific proposals and by how its policies influence state legislation, “best practices” formulation and board conduct. During the long presidential campaign, progressive candidates floated several proposals with significant potential impact on corporate governance, including the Accountable Capitalism Act, the Ending Too Big to Jail Act and the Corporate Executive Accountability Act...
Sometimes a corporate director who’s the main source of a company’s reputational problems is the last one to recognize it. That’s why, in order to protect the company from unwanted controversy and reputational harm, boards benefit from discreet tools to remove problematic officers and directors before their terms are up, and without going through a formal removal process...
California’s new board diversity requirements are likely to have a national ripple effect, introducing “Underrepresented Communities” as a new governance term of art...
A hardball lawsuit brought by GM against a former director provides a valuable corporate governance reminder of the need to demand accountability for board-level breaches of confidentiality...
It’s increasingly important for boards to confirm who they expect to act as a fiduciary, and with what powers and duties...
Boards are facing increasing stakeholder demands to make environmental sustainability a permanent part of the governance agenda...
The board and management project as equal partners in reorienting the corporate business model to address social justice turmoil...
The “Shadow app” is a reminder of why board exercise oversight of innovation is needed, and how that oversight can be exercised...
2019 was quite a year for corporate governance. It’s clear that the role of the corporate board member has never been more important...
With increasing public calls for their transformation, changing times may require changing boards...
The standard of conduct for evaluating director liability takes a serious new turn...
Just the appearance of a conflict of interest can jolt a candidacy - and your company's board...
The lesson from the teetering WeWork's IPO is that governance really does matter...
Calling corporate leaders "sociopaths" and forcing them to exercise social consciousness is unnecessary and misdirected...
There have been seismic developments in corporate governance during the first six months of 2019, which boards will be expected to recognize and monitor...
Boards should pro-actively address potential concerns with CEO personal conduct, in a gender-balanced way...
Political proposals on hot button topics like climate mitigation, guaranteed jobs, wealth tax and single payor healthcare are often dismissed as extremist, or as downright crazy. Mention “national mobilization” and some knees are going to jerk. But given the passage of time and changed circumstances, some crazy ideas actually tend to stick...
With growing turmoil extending across our social, political and economic frameworks, much greater engagement will be expected of board members to help secure the long term sustainability of the corporate mission...
From a slightly higher altitude, a somewhat different take on developments likely to impact corporate governance in 2019...
As the power and influence of the CEO increases, so also must the attentiveness and engagement of the board...
The Brett Kavanaugh confirmation hearings have provided an unexpected corporate governance lesson: the need for boards to take a very close look at their company’s code of conduct, and how it would address similar allegations and matters of procedural fairness...