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	<title>The Harvard Law School Forum on Corporate Governance</title>
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	<title>It&#8217;s Simple Math (Even for University Presidents) &#8211; The Harvard Law School Forum on Corporate Governance</title>
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		<title>It&#8217;s Simple Math (Even for University Presidents)</title>
		<link>https://corpgov.law.harvard.edu/2007/02/21/its-simple-math-even-for-university-presidents/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=its-simple-math-even-for-university-presidents</link>
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		<pubDate>Wed, 21 Feb 2007 15:47:18 +0000</pubDate>
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				<category><![CDATA[Boards of Directors]]></category>
		<category><![CDATA[Op-Eds & Opinions]]></category>
		<category><![CDATA[Outside directors]]></category>

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		<description><![CDATA[Editor’s Note: This post is by Broc Romanek of TheCorporateCounsel.net. Yesterday, I was quoted in this Indianapolis Star article as saying that &#8220;outside directors should devote 200 hours or more a year to adequately do their jobs.&#8221; For those following corporate governance, this shouldn&#8217;t be a bombshell, as others have thrown around 200 hours as [&#8230;]]]></description>
				<content:encoded><![CDATA[<div style="background:#F8F8F8;padding:10px;margin-top:10px;margin-bottom:10px"><strong>Editor’s Note:</strong> This post is by Broc Romanek of TheCorporateCounsel.net.</div>
<p>Yesterday, I was quoted in this <em>Indianapolis Star </em><a href="http://www.indystar.com/apps/pbcs.dll/article?AID=/20070219/COLUMNISTS22/702190356/-1/ZONES04">article</a> as saying that &#8220;outside directors should devote 200 hours or more a year to adequately do their jobs.&#8221; For those following corporate governance, this shouldn&#8217;t be a bombshell, as others have thrown around 200 hours as the post-SOX time commitment for quite a while (<em>see, e.g.</em>, the ABA&#8217;s <em><a href="http://www.abanet.org/abastore/index.cfm?section=main&amp;fm=Product.AddToCart&amp;pid=5070440">Corporate Directors Guidebook</a></em>).</p>
<p>The article focused on the current President of <a href="http://www.purdue.edu/">Purdue University</a>, <a href="http://www.purdue.edu/president/">Dr. Martin C. Jischke</a>, who serves on three boards. Dr. Jischke is quoted in the article as saying that my 200-hour estimate &#8220;sounded high.&#8221; Probably proving that I take blogging too seriously, I decided to analyze his three directorships:</p>
<p> <a href="https://corpgov.law.harvard.edu/2007/02/21/its-simple-math-even-for-university-presidents/#more-57" class="more-link"><span aria-label="Continue reading It&#8217;s Simple Math (Even for University Presidents)">(more&hellip;)</span></a></p>
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