The year ahead holds many challenges for corporate boards, from an aggressive regulatory environment to increasing shareholder activism. Below are my predictions for these issues and recommendations for how boards can demonstrate effective leadership: Board Composition Boards are increasingly realizing
Continue readingThe numbers are in a word, astounding. Almost every fact and figure associated with Bitcoin – the online virtual currency, is jaw-dropping. Consider just the following sampling: At the beginning of 2103, Bitcoins would trading at approximately $13 a Bitcoin.
Continue readingProvide a Valuable Lesson to the “Throwaways” “Dobelle-gate” took another interesting but predictable turn recently. Westfield State University President Evan Dobelle filed a lawsuit in federal court against the co-conspirators he believes plotted to remove as the school’s president. The
Continue readingThis past week, two high-profile non-profit institutions have seen their stellar reputations collapse at the hands of “alleged” criminal activity by their eminent leaders. First, Westfield State University has been sent reeling from widespread media coverage concerning accusations against its
Continue readingThe Boston Globe today has 2 front page stories on the spending scandal at Westfield State University involving President Evan Dobelle. It is amazing this story has dragged on as long as it has. Westfield’s Board of Trustees should have
Continue readingMy assumption is that J.C. Penney Co.’s board of directors isn’t familiar with King Pyrrhus. He was one of the greatest generals of antiquity and in 280-279 B.C. he defeated the Romans in battles at Lucania and Asculum (Southern Italy).
Continue readingLast week, Bank of America announced the election of four new members to its board of directors. The announcement represents a significant infusion of new boardroom talent into the nation’s second largest bank. However, the question remains whether the move is
Continue readingWhen I was practicing law, our firm offered our non-profit clients a corporate governance audit program. The program provided a fascinating opportunity to examine the governance dynamics of various non-profit organizations. The elements of the program included: (1) a review
Continue readingIn the last of my 3 part blog about last week’s Annual Meeting of Corporate Secretaries and Governance Professionals in D.C., I want to bring up a very interesting discussion that took place during one of the “break-out sessions”. This
Continue readingWe may not ever know the real story, but Duke Energy Corp. (NYSE) placed the topics of corporate governance best practices and boardroom ethics back in the headlines this week after a bizarre turn of events that left analysts and
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