CHICAGO, Jan. 31, 2020 — The American Bar Association Business Law Section has released the seventh edition of its best-selling “Corporate Director’s Guidebook,” which provides concise, practical guidance to corporate directors in meeting their responsibilities. It focuses on the role of the individual director in the context of the duties and functions of the board and its key committees: audit, nominating and governance and compensation.
Relevant to all corporate directors, this updated guidebook — produced by the Corporate Laws Committee of the ABA Business Law Section — explores the role of directors in the ever-evolving area of engagement between a corporation and its shareholders. To help directors engage in effective oversight and decision-making processes, this guidebook discusses:
- What to consider when joining a board
- Duties of the corporate director
- Tension between long-term strategies for growth and the interests of investors with a short-term focus
- Corporate responsibility and social goals in long-term value creation
- Sustainability and environmental, social and governance (ESG) performance
- Employee safety, welfare and talent development
- Board composition, refreshment, diversity, skills and compensation
- Executive compensation design, particularly as it relates to performance and risk
- Risk management, including processes for identification, assessment and mitigation
- Crisis preparedness, including natural and technological crises as well as reputational risks from any inappropriate, unethical or illegal behavior of executives or other constituents of the corporation
- Fiduciary duties and best practices in mergers and acquisitions (negotiated or unsolicited)
Title: “Corporate Director’s Guidebook, Seventh Edition”
Publisher: ABA Business Law Section
Pages: 130 pages
Product Code: 5070779
ISBN: 978-1-64105-592-5
Size: 6x9
Binding: Paperback
Price: $69.95
Orders: 800-285-2221 or ShopABA.org
Editor’s note: Author interviews and review copies of this book are available by emailing Katrina Krause at [email protected]. If you publish a review of this book, please send tear sheets or a copy for our files to Katrina Krause, ABA Business Law Section, 321 N. Clark St., Chicago, IL 60654
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