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Published by the American Bar Association (ABA), The Role of Independent Directors in Corporate Governance provides guidance on what the independent director should know, individually and from the company's perspective, to ensure his or her compliance with the law and to reduce his or her exposure to personal liability.
Independent directors have become the focus of corporate governance and their role in the corporate environment has increased significantly. This updated, second edition is a valuable tool for both for the attorney and the non-attorney and addresses not only the laws affecting independent directors and corporations, but also the broader context in which these laws have risen and will be interpreted. This guide provides directors – and attorneys advising directors – with information on the policies and underlying issues that shape director fiduciary duties and the other corporate governance requirements.
This updated edition of The Role of Independent Directors in Corporate Governance also provides guidance on: