Diligent Blog

There are numerous types of board committees that advise the board and allow directors to be more involved in a specific area of expertise. Types of standing board committees include the audit committee, nomination committee, the finance committee and the executive committee, among others.

The responsibility of a board committee is to divide up the work amongst board members, allowing board directors with specific expertise to focus on key areas and, which allows committee members to better serve the board's needs. The specific needs of board committees help make sure that the board can adhere to the corporate governance principles that they have outlined.

The Role of the Board Development and Governance Committee

Corporate boards may set up any number of committees based on their needs. Some…

What is The Role of the Cyber-Risk Committee?

Cyber-risk is an enterprise-wide risk that corporations are wisely placing on the high-priority list, now…

What is The Role of the Executive Committee?

Under the best of circumstances, boards of directors do the strategic planning and decision-making for…

What Is the Role of the Investment Committee?

If you think about the difference in the roles between the board and the executives,…

The Role of the Compensation Committee

For nonprofit organizations, the role of the compensation committee largely depends on the bylaws and…

What is The Role of the Audit Committee?

Most board directors equate the role of the audit committee with the process of conducting…

The Importance of Diversity for Good Governance

As much as diversity is a hot topic in the world of corporate governance, and…

Hospital Boards: Working with the Right Board Portal Provider

Board directors of public and private hospitals have different infrastructures, but they’re wrestling with many…

What Makes a Good Board Committee for Your Organization?

It’s nearly impossible for boards to cover all agenda items within a reasonable amount of…

How Do You Find New Board and Committee Members?

As you prepare to say goodbye to current board or committee members and to welcome…