Corporate Governance

Managing In Today’s Troubled Environment: A Primer For Directors and Senior Managements

By Harvard Law School Program on Corporate Governance

I have recently written a memo entitled “Managing In Today’s Troubled Environment: A Primer For Directors and Senior Managements,” which highlights for directors and senior management key matters they should consider as they address in the current troubled environment their role as overseers of the business and affairs of the public companies they serve. In it, I discuss how fiduciary duties should be applied in current conditions, focusing particularly on risk oversight, and outline a number of specific actions directors and senior management should consider today. The memo also highlights, also against the backdrop of the current market pressures, the existence of significant disclosure issues and the appropriate use of experts by directors and senior management.

The memo is available here.

Full post as published by The Harvard Law School Corporate Governance Blog on October 21, 2008 (boomark / email).