board of directorsboard evaluationboard effectivenesscorporate governance ratingThis paper is an attempt to identify what constitutes a good board of directors, and this is based on a comparison between academic literature, corporate governance rating systems and our field research into board practices. ...
Board directors of for-profit corporations and non-profit entities have a fiduciary duty to oversee all facets of the organization’s operations. The board’s policies and procedures are designed to protect board directors from potential problems. Board directors need to be sure that they are over...
During this initial meeting, either the incorporator(s) will officially elect the board of directors or the initial director(s) will appoint the officers. Bylaws Bylawsare the rules that determine how a corporation will be governed and run. You can think of bylaws as a constitution for a corp...
Without quorums, a few members of the board could decide to meet at an inconvenient time and vote to assign significant power over the organization’s finances or mission. What constitutes a quorum? The specific number or percentage for establishing a quorum is usually outlined in an organizati...
"This is a track where the global market is less subject to cyclical fluctuations." Qin Yongji, secretary of the board of directors of Ziel Home, noted. Although in the Chinese market, the furniture and home furnishing market has been affected by the cycle of the real estate industry, the...
The article examines what constitutes a "claim" under a claims-made Directors' and Officers' ("D&O") liability policy that offers protection to corporations and other organizations as well as their board members and executives. It reflects on D&O policy's continuance in alternative dispute resolutio...
The existing configuration constitutes a trip hazard. I suspect the reason it was done this way is that properly designed steps would hinder the ability to park a car inside the garage. This "What Were They Thinking" photo is from Jean Laframboise, P. Eng., RHI of InSpe...
Is it a vanity metric that I should ignore? And if I want to fix it, what should I do? Luckily, you're not alone. Many marketers have asked those questions and might not have found a solid answer yet. We're here to demystify bounce rate with an overview of what constitutes a ...
"This is a track where the global market is less subject to cyclical fluctuations." Qin Yongji, secretary of the board of directors ofZielHome, noted. Although in the Chinese market, the furniture and home furnishing market has been affected by the cycle of the real estate industry, the com...
The notion of insider trading hinges on who is considered an "insider" and what constitutes "material, nonpublic information," Fagel said. "It can be anyone with a duty to the company—a low-level employee who is not a statutory insider still has a duty not to trade stock on nonpublic ...