Tag: board responsibilities

Fresh detail for reforming Section 172
Push continues to reform company directors’ duties so that they embrace a wider circle of stakeholders.

The heavy cost of boardroom disasters
The size and global reach of modern businesses means that the repercussions of scandals and collapses are more severe than ever.

Most CEO ‘resignations’ may actually be terminations
Retired, resigned or left the company? A Stanford study suggests more chief executives are pushed out by boards than previously assumed.

Battle of the boards: risk, ESG and two-tier board structures
There is an inherent conflict of interest between main and executive boards, with two different time horizons and two different risk impacts.

When did your board last review CEO performance?
During Covid, many boards deferred reviews of the performance and development needs of their CEO. It is a task that must now be completed.

Ericsson faces shareholder ire over Iraq investigation
Reports say investors including Cevian and Norges Bank will vote against a resolution to discharge board liability over compliance breaches.

Shell faces shareholder litigation over climate risk
Campaign group ClientEarth claims board members have breached their directors’ duties by failing to “properly prepare” for climate change.

MHP chair offers a case study in crisis leadership in Ukraine
John Rich is co-ordinating MHP’s distribution drivers throughout the country: “If we fail the biggest distribution of food in Ukraine fails.”

‘The most important topic we discuss is the safety of our people’
Ukrainian firms are facing huge operational challenges, as well as responsibilities to their employees and the economy of their country.

The Secret NED: if your board has problems, don’t be a hero
Even the best non-executives shouldn’t presume they can solve all the board’s difficulties, especially those symptomatic of wider issues.