The John L. Weinberg Center for Corrporate Governance and Depertment of Finance in the Alfred Lerner College of Business & Economics is sponsoring the Corporate Governance Symposium focused on "Governance Issues of Critical Importance to Boards and Investors" at Clayton Hall, University of Delaware. The all day event is free to attend, but space is limited. To register, visit here.
2017 Corporate Governance Symposium
NACD Director Professionalism
NACD’s world-renowned Fellowship® foundation course in boardroom fundamentals is headed to the Big Easy—New Orleans—Mar. 13-15. Directors and governance professionals looking to position themselves for future board seats will gain leading practices and practical insights for the demands of today’s boardroom. More information here.
Women Corporate Directors 2017 Latin America Conference
Volkswagen Emission Scandal – Lessons for Investors, Boards, Chief Legal Officers, and Compliance and Governance Professionals
The current conflagration enveloping Volkswagen, involving a massive emissions regulation evasion scheme, has many causes and provides important lessons in the compliance and governance areas for investors, U.S. directors, chief legal officers, and compliance and governance professionals. That such a pervasive and highly developed scheme to evade emissions standards could occur over such an extended period of time and through so many levels of the organization attest to a management and board culture gone awry. To register for this event, click here.
Why did such a problematic culture exist at Volkswagen? What role did the board play; was the board actively monitoring management? What role did the company’s unique governance structure (known as co-determination, that defines many German companies, and which has many similarities to U.S. stakeholder theory) play? Did the use of dual class stock, which is used in many U.S. companies, exacerbate the problems? What impact did the executive compensation structure (mandated by German law) have on the compliance culture? We invite you to a panel discussion that will focus on the above issues. The panel will discuss the importance of appropriate board composition, theory, structure and appropriate compensation incentives in assuring an ethical corporate culture that promotes integrity and ultimate company success. The panel will also discuss steps that boards, chief legal officers, and compliance and governance professionals can take to avoid problems such as those faced by VW.
Confirmed Panelists include:
• Robert E. Bostrom, Senior Vice President, General Counsel and Corporate Secretary, Abercrombie & Fitch Co.
• Charles M. Elson, Edgar S. Woolard, Jr. Chair in Corporate Governance; director of the John L. Weinberg Center for Corporate Governance; and Professor of Finance, University of Delaware; co-author of “The Bug at Volkswagen: Lessons In Co-Determination, Ownership and Board Structure”
• Nicholas Goossen, student, University of Delaware; co-author and co-presenter of the paper, “The Bug at Volkswagen: Lessons in Co-Determination, Ownership and Board Structure”
The Private Company Governance Summit 2017
The fifth annual Private Company Governance Summit (PCGS) serves the governance information needs of owners, shareholders, directors and advisory board members of closely-held, family–owned and private equity owned private companies. The conference is produced by Private Company Director, Directors & Boards and Family Business Magazine. PCGS will be held May 10-12 at the Swissotel in Chicago, and will focus on the theme of The Evolving Role of the Private Company Board. More information is available here.
NACD Global Board Leaders' Summit
Join NACD for the largest director forum in the world, where the greatest minds in governance convene to take on the largest issues facing today’s boardrooms and collectively discover the future of exemplary board leadership. Learn more.