Corporate Director's Guidebook

About the Book By the Committee on Corporate Laws The Corporate Director's Guidebook is recognized as the premier authority on the director's role and the board's functions. It is read, consulted and cited by board members, executives, lawyers and academics nationwide. Now available as a new Fifth Edition, the Guidebook completely updates its prior edition published in 2004. This new Fifth Edition addresses recent effects the Sarbanes-Oxley Act has had in the corporate governance arena and its impact on the legal responsibilities of directors of public companies, specifically the role directors play in protecting investors interests and in directing or overseeing corporate strategy and its execution by senior officers. Key issues discussed in this new Fifth Edition include: "Management and board advisors taking the lead in focusing on, and providing for, the conditions necessary for effective board understanding and involvement "Boards responsiveness to shareholders, regulators and the public "On-going evolution of Directors legal duties "The importance of thorough understanding of the business, finances and major transactions presented to the Board "Legal and regulatory corporate compliance driving change in Boardroom dynamics "Compensation "Adoption of majority voting standard for Director election in non-contested elections Also included is an appendix listing corporate governance websites and concise pull-out quotes to assist in applying the Guidebook on a daily basis.