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.

Retiring or Departing Board Director Checklist

Sooner or later, all board directorships come to an end. It’s critical for boards to…

What Is the Function of a Nonprofit Board of Directors?

Private companies and governmental entities don’t begin to fulfill many of the services that the…

What Is the Board’s Role in Developing Business Models?

The business model is how the board works to create and distribute…

What Is the Composition of a Hospital Board of Directors?

Hospitals operate in a high-risk environment where life and death are prominent considerations. Politics complicate…

How Do Nonprofit Board Directors Compare to Corporate Board Directors?

When tallying the differences between for-profit board director responsibilities and those of nonprofit board members,…

Who Manages the Board of Director Salary?

Executives can make a nice segue into retirement by serving on a board of directors.

The Correlation Between Corporate Governance and Social Responsibility

ESG investing is the new kid on the block, and the new kid is becoming…

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…