APPENDIX II.4NACD Guidance on the Board’s Role in M&A and Strategy
Topic: |
The Board’s Role in M&A |
Summary: |
This memo provides guidance to board members with respect to M&A (buying, selling, or merging with another company). |
GOVERNANCE PRINCIPLES
Principle IV: Board Accountability and Objectivity: Governance structures and practices should be designed to ensure the accountability of the board to shareholders and the objectivity of board decisions.
Principle VII: Attention to Information, Agenda and Strategy: Governance structures and practices should be designed to support the board in determining its own priorities, resultant agenda, and information needs and to assist the board in focusing on strategy (and associated risks).
Source: ...
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