The role of directors is important and challenging. Directors are subject to an increasing range of legal duties and, in many cases, can be held criminally liable for failure to fulfil thsoe duties. Courts and regulatory authorities have consistently warned that ‘passive’ directors will not be tolerated. This consulting program sets out the rationale for establishing boards of directors and examines the purpose of the board and the roles that boards play.
Specifically you will learn to:
- Clarify boards’ roles and functions in the context of corporate governance.
- Review principles and guidelines for effective boards.
- Review contemporary governance issues.