Support our nonpartisan, nonprofit research and insights which help leaders address societal challenges.Donate
Just What Is the Corporate Director's Job? Active Investors' Perspectives on the Board Member's Job Description
September 2017 | Publication
For active short-term investors, the job of a corporate director is defined and dictated by the struggle between director primacy and shareholder primacy, The Conference Board Governance Center found during a roundtable including active investors and a public pension fund. In the third part of a series on the job description of a corporate director, participants also noted that board oversight is guided by specific long-term strategic planning and risk management processes and plans, authority-based decision making is the primary method corporate boards use during a crisis, and management will actively lobby large investors to stave off any replacement of directors in upcoming elections.