director liability

Wednesday, June 29, 2011

Robert Monks discusses Director Liability

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

Director Liability is the Polite Lie at the Core of Corporate Governance

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