Formulating governance standards; in adopting formal guidelines to improve board-of-director functions, companies should review some available precedents
Article Abstract:
The institutional investors, which have come to dominate US capital markets, have pressed public companies to come up with governance policies designed to improve the functioning of corporate directors.General Motors Corp's 1994 publication of guidelines added impetus was a highly-publicized instance of the many corporations to develop guidelines. These should reflect a company's unique circumstances but general headings are mission statements, board structure, director selection and evaluation, board operations, management oversight and board self-evaluation.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
How will it work if every class is protected?
Article Abstract:
The evolution of US hate crime legislation from in the 25 years starting with 1970 indicates how far American society has developed. Americans now take for granted that the federal government must protect its citizens from hatred. A satire of the topic makes it clear that this could, however, be carried too far and it could become a crime to make fun of any class of people.
Publication Name: The National Law Journal
Subject: Law
ISSN: 0162-7325
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: States map coverage; counsel and risk managers shopping for insurance should learn relevant state case law. How well do insurance policies cover cyber-risks? Insurers have denied coverage under old policies; specialized new ones may lead to litigation
- Abstracts: Beating men at the game they have made theirs; women lack some easy ways to be rainmakers, but that shouldn't be a block
- Abstracts: Complying with sentencing guidelines. Judges having hard time with computer crime; sentencing standards aren't clear-cut
- Abstracts: Science and Technology Section looks to future. Litigation Section sets new focus. Business Law Section will seek to extend services
- Abstracts: States, feds clash over waste sites; contamination. Because property contamination can be a hidden risk in many real estate deals, purchasers should obtain environmental site assessments before the closing