By Nick Lindsay on September 24, 2015
Governments have become more and more focused on the risks posed by opaque and confidential corporate structures. In particular the ability of a certain type of person to use such structures to hide the true ownership and origin of funds, thereby facilitating tax evasion and money laundering. Most bodies set up to tackle these issues […]
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By Julie Garland McLellan on August 1, 2013
Zander has joined the board of a privately owned company that is growing rapidly and has plans to list within the next year or two. He is excited by the prospect of the IPO and determined to do a good job as a director, even though he has no prior board experience. He is finding […]
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By Julie Garland McLellan on July 6, 2013
Xevach is a director on the board of a government trading enterprise. He also chairs the governance committee. The company has a significant geographic monopoly and owns and operates a vital piece of infrastructure in the industry. One of Xevach’s colleagues on the board, Yolanda, is a former director of a larger, competing, government trading […]
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By Julie Garland McLellan on May 15, 2013
Winsome is a director of a large listed company. She has a strong track record in M&A advisory work and is now embarking on a non-executive career. She is finding the ‘hands off’ aspects of the role quite challenging as she is instinctively and by training a detail focused manager. She has been mentoring one […]
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By Julie Garland McLellan on May 5, 2013
Victor is a director on a medium sized listed company board. The Chairman has been ill for several months and is not going to get better. He has announced that he wishes to retire. The Managing Director is keen that one of the directors, who had a strong track record as an executive within the […]
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By Julie Garland McLellan on April 7, 2013
Ursula is a director on of an industry association. Although they use terms such as ‘ Councillor’ and ‘council’ it is constituted as a board and the members have the same duties and responsibilities as directors under the corporations act. All directors are nominated by companies within the industry and serving on ‘The Council’ is seen […]
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By Julie Garland McLellan on February 6, 2013
Sam is an experienced manager and has worked for over twenty years in his industry. He has also sat on two not for profit boards and enjoys the governance role. Now he has an opportunity to buy an equity stake in a small business that has a product and service for which market demand is […]
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By Nick Lindsay on January 24, 2013
Grant Thornton have issued their annual Corporate Governance Review for 2012; which is a review of the annual reports of the FTSE 350 to analyse their compliance with the UK Corporate Governance Code. The headline grabbing figure is that full compliance with the Code has hit a plateau, with 51% of the FTSE 350 being […]
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By Carter McNamara on December 31, 2012
There are numerous myths that seem to persist about Boards of Directors. Here’s a list of 10 of them. Myth –The phrase “corporate Boards” conventionally refers to statutory, for-profit Boards. However, statutory nonprofit Boards are Boards of a corporation, too, so they’re both “corporate Boards.” Myth — A Board of Directors can delegate its fiduciary […]
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