by Jonathan Foster | Sep 22, 2020 | Blog, Jonathan F. Foster
A board of directors typically appoints a governance committee responsible for recruitment, onboarding, training, and director assessments. This committee may have responsibilities for compliance, risk, conflict matters, and other topics, too. The governance committee...
by Jonathan Foster | Aug 20, 2020 | Blog, Jonathan F. Foster
Rulings from the Delaware Court of Chancery and the Delaware Supreme Court have become the foundation for corporate law and a critical guide for corporate governance. Over one million businesses today list Delaware as their legal home, including roughly two-thirds of...
by Jonathan Foster | Jul 21, 2020 | Blog, Jonathan F. Foster
Oversight of management is one of the board of director’s primary responsibilities. This includes hiring, monitoring, evaluating, and compensating the senior team. Most boards establish a compensation committee to be responsible for this important topic. Often, the...
by Jonathan Foster | Jun 20, 2020 | Blog, Jonathan F. Foster
Effective governance includes a board of director’s ability to play a role in helping to maximize long-term shareholder value. In general, a board’s primary responsibilities are to oversee management, strategy, and financial reporting and compliance. Audit committees...
by Jonathan Foster | May 19, 2020 | Blog, Jonathan F. Foster
Environmental, social, and governance (ESG) are three related pillars of criteria used to assess a company through the lenses of ethics and sustainability. The term was first coined in a 2005 study examining these three criteria as value drivers for a business. ESG...
by Jonathan Foster | Apr 23, 2020 | Blog, Jonathan F. Foster
In its capacity as a fiduciary for shareholders that oversees a company, a board of directors should be prepared to effectively oversee the response to an extraordinary circumstance or crisis that can potentially very negatively impact a business. Crisis management...
