While oversight of operations, regulatory compliance, and related risks will always be part of a board’s fiduciary duties, the volatility of the current business environment has challenged boards to push the needle further. As boards and management teams look to evaluate governance practices and processes, what proactive steps will ensure they stay ahead of the risk curve?
In this episode, Amy Simmerman, Partner with Wilson Sonsini Goodrich & Rosati, discusses best practices for board oversight and fiduciary duties within a turbulent business climate:
- What specific board issues are especially important right now, and why?
- What steps can boards and management teams take to ensure prudent oversight of business and legal duties?