Top 10 Topics for Directors in 2016
By Directors and Boards

Main challenges that U.S. public companies will face in the coming year.

 

Ed. Note: Each year law firm Akin Gump identifies main challenges that U.S. public companies will face in the coming year. Here is its list of “hot topics for the boardroom” for 2016 (www.akingump.com).

1.  Oversee the development of long-term corporate strategy in an increasingly interdependent and volatile world economy

2.  Cultivate shareholder relations and assess company vulnerabilities as activist investors target more companies with increasing success

3.  Oversee cyber security as the landscape becomes more developed and cyber risk tops director concerns

4.  Oversee risk management, including the identification and assessment of new and emerging risks

5.  Assess the impact of social media on the company’s business plans

6.  Stay abreast of Delaware law developments and other trends in M&A

7.  Review and refresh board composition and ensure appropriate succession

8.  Monitor developments that could impact the audit committee’s already heavy workload

9.  Set appropriate executive compensation as CEO pay ratios and income inequality continue to make headlines

10. Prepare for and monitor developments in proxy access.


Other related articles

  • Educational Updates for the Board
    Published October 13, 2021
    By Mark Richards
    After 15 years of governance experience Im still surprised at the lack of awareness many board members have around the importance of continuous education Maybe I shouldnt be so astonished Being recrui ...
  • A New TSR for Boards: An argument for focusing on talent, strategy and risk.
    Published October 06, 2021
    By April Hall
    A new book by three governance experts argues that boards should focus on a new kind of TSR Instead of total shareholder return the authors propose talent strategy and risk as a measure of performance ...
  • Serving the CEO: The board can and should take items off the CEO’s plate.
    Published October 06, 2021
    By Beth Braverman
    Irene Rosenfeld said in 2015 that as CEO of the global snack maker KraftMondelez she spent a quarter of her time dealing with activist investors Nelson Peltz and William AckmanThe relationships were c ...
  • Can Any Board Member Ever Be Truly Independent?
    Published October 06, 2021
    By April Hall
    Both the NYSE and Nasdaq require the boards of listed companies to have a majority of independent directors and audit committees that are composed solely of independent board membersBut there is an ar ...