Historically, this column has chronicled issues identified as “hot spots” that demand heightened attention from a board of directors. A review of these columns echoes the French axiom, “plus ca change plus la meme chose” — “everything changes and everything remains the same.”
Boards are, always have been, and will remain responsible for strategy, “tone at the top,” election and removal of the CEO, and the “duty of care” to supervise significant elements of company performance.
To read the full text of this article by Duane Morris partner Stephen M. Honig, pelase visit the New England In-House website.