What Directors Need to Know: Corporate Governance

Paperback | July 15, 2003

byCarol Hansell

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Written for directors by Canada’s leading expert in corporate governance, this invaluable resource introduces directors to basic concepts in corporate governance, with particular emphasis on their own duties and responsibilities. It explains the elements of corporate governance and the roles of each of the players in the governance process.

The author provides a concise overview of the basics of being a director, including the division between the board and management, the elements of board decision making, how a corporation selects its directors, what to consider before joining a board and when to resign from a board.

Also described are the basic duties of every director - the fiduciary duty and duty of care, how directors exercise due diligence and how their decisions are protected by the business judgment rule.

Finally, the author explains how directors can be subject to personal liability and what they can do to protect themselves.

Full of real-life examples that will help directors to see how legal and best practice standards are applied, this book explains complex legal concepts in a way that every director will understand and details current best practice standards.

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From the Publisher

Written for directors by Canada’s leading expert in corporate governance, this invaluable resource introduces directors to basic concepts in corporate governance, with particular emphasis on their own duties and responsibilities. It explains the elements of corporate governance and the roles of each of the players in the governance pro...

Carol Hansell, B.A., M.A., LL.B., M.B.A., is a senior partner with Davies Ward Phillips & Vineberg where she practices corporate, commercial, and securities law. Carol is an internationally recognized expert in corporate governance. She regularly advises boards and their committees on their governance practices and she has written and...
Format:PaperbackDimensions:232 pages, 9.06 × 5.91 × 0.68 inPublished:July 15, 2003Publisher:CarswellLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0459284274

ISBN - 13:9780459284275

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"Carol Hansell titles her book What Directors Need to Know: Corporate Governance, and the book absolutely delivers. It is a clearly written and very logically structured primer on corporate governance from the director’s perspective. But don’t let the simplicity fool you: its “Current Issues” and “Leading Cases” add depth and context to the wealth of information. I am particularly gratified by Carol’s frequent references to the National Association of Corporate Directors’ Blue Ribbon Commission reports and other NACD publications as examples of best corporate practices. We are all on the same page for better boards, whether in Canada or the U.S. "- Roger Raber, President & Chief Executive Officer, National Association of Corporate Directors, Washington, DC