Some Thoughts for Boards of Directors in 2011
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Authors:
Martin Lipton
Steven A. Rosenblum
Karessa L. Cain -
Publication Date:
January 2011 -
Report Number:
DN-V3N1-11
The ultimate responsibility and objective of boards as they implement the Dodd-Frank Act is not to ensure perfect compliance with the latest best practices and governance checklists, but to thoughtfully exercise their oversight role, promote a culture of excellence and integrity within the corporation, and work with management to develop strategies for long-term value. This report highlights a few of the more notable corporate governance issues that boards will face in 2011.