The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu The leading online blog in the fields of corporate governance and financial regulation. Fri, 01 May 2026 11:32:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.8 https://corpgov.law.harvard.edu/wp-content/uploads/2024/02/cropped-photography-4-e1706898544564-1-32x32.png The Future of the Board of Directors – The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu 32 32 The Future of the Board of Directors https://corpgov.law.harvard.edu/2010/07/06/the-future-of-the-board-of-directors/?utm_source=rss&utm_medium=rss&utm_campaign=the-future-of-the-board-of-directors https://corpgov.law.harvard.edu/2010/07/06/the-future-of-the-board-of-directors/#comments Tue, 06 Jul 2010 13:27:23 +0000 http://blogs.law.harvard.edu/corpgov/?p=10847?d=20100706092723EDT Editor’s Note: Martin Lipton is a founding partner of Wachtell, Lipton, Rosen & Katz, specializing in mergers and acquisitions and matters affecting corporate policy and strategy. This post is based on a recent speech by Mr. Lipton to the New York Stock Exchange Chairman & CEO Peer Forum.

In an effort to think about the board of directors of the future, we need to start with what we expect the board to do today and the rules we have set governing how directors are selected, how they function and how they relate to shareholders – not only the legal rules but also the aspirational “best practices” that we have allowed to influence corporate and director behavior.  We also need to look at how corporate management and boards are perceived by the media, the public and elected officials in the post-financial crisis era.

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