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The role played by directors is more challenging than ever before because of competitive pressures and increased volatility in the business environment. This is coupled with a legal structure improperly aligned with shareholder demands. The following are common issues that the chairman of the board and directors face in their duties. Management and boards have […]
Director retention under normal circumstances is generally planned and predictable. When the business is unexpectedly impacted by a negative scenario, retention will become an issue despite what board members tell you in advance. Directors carry varying tolerance for and exposure to risk. As uncertainty rises in the business directors will step down. Typical reasons include […]