Effective Board Development: Five Areas for Concern

Abstract

Boards of directors have been the subject of growing concern over the past decade. Today, pressures are building for increased reform within the corporate boardroom. An apparent increase in director responsibilities and liabilities makes this subject an issue of deep and current concern to the whole corporate community. Such varied sources as the SEC, the courts, Ralph Nader, Professor Stone, Authur Goldberg, and others have made suggestions for reform ranging from federal chartering to placing outside and public directors on boards, with separate staffs to serve these outside board members. If we are to preserve our present free‐enterprise system, then we must work quickly to develop our corporate boards into effective operating units.

Citation

Boulton, W.R. (1983), "Effective Board Development: Five Areas for Concern", Journal of Business Strategy, Vol. 3 No. 4, pp. 94-100. https://doi.org/10.1108/eb038998