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From accounting scandals to the global financial crisis, events of the past decade have damaged the reputation of business, contributing to a public distrust of business in general. In February 2013, The Conference Board Governance Center formed the Task Force on Corporate/Investor Engagement to examine the facts, the issues, and the policy implications of the current state of US corporate governance. These are the recommendations of the task force for creating a stronger corporate governance system.
Guidelines for Engagement
Direct engagement between companies and their investors is in early stages, but is likely to become a permanent, although less formal, part of governance of US public companies.
The Conference Board Governance Center White Paper
Collaboration between boards of directors, management, and shareholders is fundamental to identifying the corporate governance policies and practices that will best produce economic growth while reducing financial and legal risk.