Directors’ Oversight Role Today: Increased Expectations, Responsibility and Accountability — A Macro View

I. The Current State of Play - The subjects falling within the purview of U.S. public company board of director oversight have grown to encompass virtually any subject that an investor, stakeholder or other party raises as being potentially material to a company and, therefore, needing board attention. Many issues — often under the umbrella of “environmental, social and governance” (ESG) or “stakeholder” issues — have become well known to directors and are viewed as broadly applicable to most...
By: Skadden, Arps, Slate, Meagher & Flom LLP

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