This website uses cookies to ensure you have the best experience. Learn more

Key Issues For Directors In 2014

670 words - 3 pages

Key Issues for Directors in 2014 — The Harvard Law School Forum on Corporate Gover... Page 1 of 2

Key Issues for Directors in 2014
Posted by Martin Lipton, Wachtell, Lipton, Rosen & Katz, on Monday December 16, 2013 at 9:20 am
Editor’s Note: Martin Lipton is a founding partner of Wachtell, Lipton, Rosen & Katz, specializing in
mergers and acquisitions and matters affecting corporate policy and strategy. This post is based on a
Wachtell Lipton memorandum by Mr. Lipton.
For a number of years, as the new year approaches I have prepared for boards of directors a one-page list of the
key issues that are newly emerging or will be especially important in the coming year. Each year, the ...view middle of the document...

• 5. Developing an understanding of shareholder perspectives on the company and fostering long-term
relationships with shareholders, as well as dealing with the requests of shareholders for meetings to
discuss governance and the business portfolio and operating strategy.
• 6. Developing an understanding of how the company and the board will function in the event of a crisis.
Many crises are handled less than optimally because management and the board have not been proactive
in planning to deal with crises, and because the board cedes control to outside counsel and consultants.
• 7. Facing the challenge of recruiting and retaining highly qualified directors who are willing to shoulder
the escalating work load and time commitment required for board service, while at the same time facing
pressure from shareholders and governance advocates to embrace “board refreshment”, including issues
of age, length of service, independence, gender and diversity, and providing compensation for directors
that fairly reflects the significantly...

Other Papers Like Key Issues For Directors In 2014

Ethical Issues for the Integration of Religion and Spirituality in Therapy

964 words - 4 pages Ethical Issues for the Integration of Religion and Spirituality in Therapy Ethics and Standards of Professional Psychology Patricia Elias Kaplan University   Abstract Over the past ten years, new developments in the psychological treatment and assessment of clients of diverse spirituality and religiosity has occurred. These changes have prompted the need for a broader understanding of therapeutic practices related to client spirituality

An Investigation of Factors Responsible for Mass Failure in Biology in 2013/2014 Neco Examination (a Case Study of Selected Secondary Schools in Oshimili South Local Government in Delta State

5130 words - 21 pages on a locally standardized anxiety rating scale in mathematics for Nigerian secondary schools Nigerian Journal of counselling and applied psychology 1, 22-29 Aremu, O. A & Sokan, B. O (2003). A multi-causal evaluation of academic performance of Nigerian learners: issues and implication for national development. Department of Guidance and counselling, University of Ibadan, Ibadan. Akale, M. A. G (1997). The relationship between attitude and

How Useful Is the Notion of Either ‘Objectification’ or ‘Stereotyping’ for Issues of Gender Representation in Contemporary Advertising?

2839 words - 12 pages How useful is the notion of either ‘objectification’ or ‘stereotyping’ for issues of gender representation in contemporary advertising? This essay evaluates whether the notion of objectification is relevant to study the issues of gender representation in contemporary advertising. The objectification theory was developed to explain the concerns of women on their portrayal in the media. Since the 1960s the feminist movements has criticises the

"Why Is It Important For Marketing Strategists To Think In Terms Of Cultural Issues And Cultural Factors When Formulating A Marketing Strategy?"

2804 words - 12 pages "Why is it important for marketing strategists to think in terms of cultural issues and cultural factors when formulating a marketing strategy?" Introduction Marketing strategy, as summarised by Drummond & Ensor (1999) '...involves achieving a superior competitive position within a defined market...it involves segmentation, targeting and positioning.' However, those three aspects of the strategy to achieve a superior competitive position

Titled: Womens Equality Womens Equaity In Relation To Social Issues From The Past. The Assignement Was To Relate Womens Equality And The Struggle For Women In History To Get It

1698 words - 7 pages and get a better paying job. All Americans have the right to pursue happiness, but they do not have the right to happiness. All Americans have the right to do what ever they want if they think it will make them happy, but they do not have the right to do things that will break any established laws in the process. For example, if we want to worship the devil, then we have the constitution right to do so, but if we perform a human sacrifice then we

What Is Your Evaluation of the Effectiveness of the U.S. Health Care System in the Context of Delivery, Finance, Management, and/or Sustainability? What Are the Issues That Prompted a Need for Health...

903 words - 4 pages What is your evaluation of the effectiveness of the U.S. health care system in the context of delivery, finance, management, and/or sustainability? What are the issues that prompted a need for health care reform? Support your answer with a credible data reference. Do not use a reference already used by another student. Health care reforms is one of the biggest issue for voters. With our aging population, complexity of illness and growing

Identify Economic Issues in the Jamaican Economy That Created the Need for Financial Regulation

807 words - 4 pages insurance companies. The main objectives of the financial regulator are usually: • Market confidence – to maintain confidence in the financial system • Financial stability – contributing to the protection and enhancement of stability of the financial system • Consumers’ protection – securing the appropriate degree of protection for consumers. • Reduction of financial crime – reducing the extent to which it is possible for a regulated

Caltex

6973 words - 28 pages least four independent, non‑executive directors and up to three directors who are Chevron executives. Details of the skills, experience and expertise and special responsibilities for each director are provided in the Directors’ Report at pages 17 to 61 of this Annual Report. 6 Caltex / 2014 Annual REPORT Corporate Governance Statement continued 1.3 Independence Independence on the Caltex Board Under the Charter of Director

Company Law - Derivative Actions

1015 words - 5 pages Introduction In general, the role and duties of corporate directors are to manage company affairs, holding the board of directors meeting, and selecting the managing director or CEO to operate the company. Yet, in real world, the directors will abuse their power to exclude minority of directors, or make selfish decision with their own sakes of interests in the expense of company interests. For example, managing directors will maximize their

Role of Directors

2063 words - 9 pages CHAPTER 3: DIRECTORS AND THEIR ROLES Q-1. What is the meaning of Board of directors? Describe the role of Board of Directors. Ans: Board of Directors: The Board of Directors is the individuals elected by a corporation’s shareholder to oversee the management of the corporation. In the words, the group of people responsible for supervising the affairs of a corporation is called Board of Directors. The members of a Board of directors are paid

Behavior of Nonprofit Boards of Director

637 words - 3 pages Understanding the Behavior of Nonprofit Boards of Directors: A Theory-Based Approach               What are Nonprofit Boards of Directors?  When thinking about Nonprofit Board of Directors, you tend to think of a group of people sitting on a panel telling the owner of a company what’s best for their company.  However, there are different behaviors being displayed amongst Nonprofit Board of Directors and according to (Miller-Millesen, 2003

Related Essays

Key Issues In Cost Accounting Essay

3259 words - 14 pages an idea of the actual cost of processes, departments, operations or product which is the foundation of their budget, allowing them to analyze fluctuation and the way funds are used socially for profit. It is believed that if more companies had better cost accounting, there wouldn’t be the issues there are in the downturn in the economy today. “Businesses that understand cost accounting do well in these economic times and are more profitable than

Essay Module 4 Nov 2014 Using Mr X’s Case Study Provided At The End Of The Module: • Identify The Client’s Issues • Explain The Client’s Issues • Devise A Course Of Treatment For Him • Take In...

2127 words - 9 pages Anne Swindley Course code: READI 1S(B) 14 Tutor: Amrita Chapman Number of words = 2023 Essay Module 4 - Nov 2014 Using Mr X’s case study provided at the end of the module: • Identify the client’s issues • Explain the client’s issues • Devise a course of treatment for him • Take in account any ethical issues Introduction My client, Mr X is in his mid-forties. He has worked as an Estate Agent in

Clothing And Footwear Retail Market In Poland 2014 Market Analysis And Development Forecasts For 2014 2019

691 words - 3 pages Clothing and Footwear Retail Market in Poland 2014 Market Analysis and Development Forecasts for 2014-2019 Follow growth in Poland’s clothing and footwear retail market in 2014 Report analyses market opportunity forecasts development for 2014-2019. Which distribution channels have the largest share of the market? Have Polish consumers recently changed their spending habits? Which are the preferred clothing and footwear lines and retail

Case Studies For Conflict Resolution: A Key Element In Civil Rights Training

1075 words - 5 pages Case Studies for Conflict Resolution: A key element in civil rights training Wisconsin WIC    CONFLICT RESOLUTION: CASE STUDIES  The following case studies match the scenarios in the online training. Review (watch or read) each scenario, and then answer the questions, below. Think about what you have learned and identify a conflict resolution technique that you would use in each situation. Case Study #1 Julia just finished a