Wednesday, June 29, 2011
Bob Monks talks about director liability -- one of the "polite lies of corporate governance." June 16, 2011.
June 29, 2011 | directors
, independent directors
, accountability
, fiduciary duty
, director liability
Wednesday, June 29, 2011
In thinking about director liability lately -- and it's a subject that never seems to go away -- I'm convinced that it's an underlying weakness in corporate governance. Can a director truly fulfill their required duty to shareholders if they are indemnified and insured against every action, word, deed…
June 29, 2011 | accountability
, directors
, fiduciary duty
, shareholder rights
, director liability