Diligent Blog

The role of a board of directors and their responsibilities has increased dramatically in a changing global landscape. Defining the role that a board of directors will play for a company can actually allow the board to be more successful and achieve good governance for an organization significantly faster than when the relationship is undefined.

Above all, duties and responsibilities need to be clearly defined. The organization’s bylaws typically outline the duties for the board, board chair, corporate secretary, general counsel and committees. The duties and responsibilities for C-suite level executives and senior-level managers are usually outlined within the written job description for the role.

What Is a Board of Trustees?

A board of trustees is similar to a board of directors; in…

Canadian Corporate Boards: Bridging the Gender Gap

The Canadian government and regulatory authorities have been increasingly aware of the importance of gender…

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 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 Roles and Responsibilities of a Board of Directors in Canada

Canadian corporations are primarily ruled by the Canada Business Corporations Act. Laws for corporations in…

The Role of General Counsel for Boardroom Communications

The rapidly changing corporate climate is forcing change among the roles of board directors, investors…

The Importance of Diversity for Good Governance

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