Relevant to all corporate directors, this updated guidebook explores the role of directors in the ever-evolving area of engagement between a corporation and its shareholders. Director decisions and oversight responsibilities continue to be subject to a significant level of public and shareholder scrutiny. To help directors engage in effective oversight and decision-making processes, as well as effectively fulfill their duties to the corporation, this seventh edition discusses:

• What to consider when joining a board
• Duties of the corporate director
• Tension between long-term strategies for growth and the interests of investors with a short-term focus
• Corporate responsibility and social goals in long-term value creation
• Sustainability and ESG (environmental, social, and governance) performance
• Employee safety, welfare, and talent development
• Board composition, refreshment, diversity, skills, and compensation
• Executive compensation design, particularly as it relates to performance and risk
• Risk management, including processes for identification, assessment, and mitigation
• Crisis preparedness, including natural and technological crises as well as reputational risks from any inappropriate, unethical, or illegal behavior of executives or other constituents of the corporation
• Fiduciary duties and best practices in mergers and acquisitions (whether negotiated or unsolicited)
• And much more!