Chapter 18 Review Issues for Boards to Address Highlighted by NYSE
To begin our journey through understanding the specific responsibilities of the board now, we turn to the New York Stock Exchange Governance Guide. I lay out the whole list here, and in the chapters that follow further explore the areas most critical in my experience. The 2014 edition identifies the following list of expectations (boldfaced emphasis added):
–Establish the appropriate “tone at the top” to actively cultivate a corporate culture that gives high priority to ethical standards, principles of fair dealing, professionalism, integrity, full compliance with legal requirements, and ethically sound strategic goals.
–Choose the CEO, monitor his or her performance, and have ...