» organization and governance guidelines for boards of directors
Laws require corporations, as legal entities owning property, entering contracts, and assuming debt, have a governing board of directors, accountable as a fiduciary to its shareholders, members, or the public. These governing boards organize and operate according to articles of incorporation, bylaws, resolutions, and policies, oversee corporate purpose and plans, select and supervise management, ensure sufficient resources for the organization, and ensure compliance with laws and regulations. This linked page outlines and links many more pages covering governance and policy; roles and responsibilities; operations and systems; accountability and ethics; staffing, compensation, communications and the issues of running an organization. It also covers director training as a comprehensive overview and exemplar of how boards should work. The scope and volume of information make it suitable for a weekend workshop with additional homework in addition to a checklist and toolkit to introduce best practices.