The
Solution: An Exposure Analysis that Facilitates Board-Management
Dialogue
It is clear from recent events that Boards of Directors cannot
afford to rely solely on company Management, the limited evaluations
of outside counsel and the work of independent auditors to assure
that the companies they oversee are healthy and that shareholders
interests are always being served. Long-held assumptions need
to be challenged and tested. Much more extensive due diligence,
supervised by the Board, is needed.
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