Saturday November 21, 2009
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Directors: Be Proactive with Government

A new report by The Corporate Library suggests a number of aspects that directors should address as part of their oversight role.

A new report by The Corporate Library suggests a number of aspects that directors should address as part of their oversight role, including: the need to assess the degree of independence required to directors involved in the oversight process; whether the oversight responsibility should be delegated to a board committee; how to select the lead investigator; how to establish effective communication lines, both internally and with government officials; and the process to assess culpability and choose effective remedies.

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