ARE BOARDS OVERSTEPPING THE GOVERNANCE MARK?
Jan 20, 2022
3 minutes
Board Directors are responsible for governance, the CEO and management are responsible for operations. Sounds straightforward, right?
But hang on – individual directors can be held legally and financially liable for occupational health and safety at work; the impact of the organisations culture; harassment; discrimination; environmental sustainability and corporate ethics, to name a few, not to mention the usual fiduciary requirements around solvent trading and responsible behaviour.
It’s no wonder boards are seemingly becoming more involved in what some would see as operational issues.
It’s been our observation that more and more,
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