Board Priorities for 2019: Looking Inward and Outward to Meet Stakeholder Expectations
Each year, the proxy season puts a spotlight on how well public company boards of directors are meeting investor and regulatory expectations. For 2019, these expectations call for directors to look both inward and outward to foster a company culture that supports long-term value creation, improve the diversity of the board, focus on corporate sustainability issues affecting the company’s long-term strategy, enhance oversight of internal controls over risk, and strengthen engagement efforts with stakeholders. In this alert, we discuss current expectations for boards of directors and offers practical suggestions on “what to do now” to meet these expectations.
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