Directors of a company--as opposed to the officers of a company--have clearly defined roles and duties. Using the famous "agency problem" as an anchor point of the discussion, this podcast sets forth the three specific fiduciary duties of board members, as well as the seven key areas of board member responsibility.
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Podcast Recorded February 2008 for the National Association of Corporate Directors (NACD), Silicon Valley Chapter.
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Directors and Officers Liability
Directors and officers of corporations face unparalleled scrutiny in today’s business environment. Determining the “right” solution for directors and officers, as well as the corporation, is a critical decision frequently made more complicated by an ever-changing regulatory and legal climate.The following D&O podcasts, featuring Priya Cherian Huskins of Woodruff-Sawyer, will help you understand critical issues surrounding D&O in today's corporate environment.