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Board Governance
Corporate Board Member's CEO interviews boardroom movers and shakers. Julie Hembrock Daum, practice leader for the North American Board Services Practice of Spencer Stuart, explains how board structures are changing due to regulatory and governance reforms.
Despite the sometimes frenetic discussion about eliminating or severely curtailing portions of Sarbanes-Oxley 404, two things remain clear: Sarbanes-Oxley isn’t getting repealed anytime soon and, in truth, that is good news for business.
Small businesses and foreign entities can apply lessons learned from large businesses that paved the way to Sarbanes-Oxley compliance (and spent on average of $10 million to do so). Here are the top five.
The U.S. Court of Appeals for the Second Circuit issued a decision regarding the interpretation Rule 14a-8(i)(8), which permits companies to exclude proposals that relate to an election of directors. Ruling may provide shareholders a new avenue to proxy access.
The Enron trial is an important reminder that corporate executives don’t always operate in the best interests of shareholders. A natural impulse is to turn to government to devise regulations to force executives to operate in the interests of shareholders and the employees. But what do we know about the success of these regulations?