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...
by Jonathan Foster | Mar 17, 2020 | Blog, Jonathan F. Foster
Governance is critical for companies of every size. The maturity of a company can impact the scope and detail of a board of directors’ responsibilities. A board should grow and evolve with a business. For smaller businesses, the board is often involved in specific...
