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, 31 Jul 2026 11:32:18 +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 Due Diligence Considerations for Nominees – The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu 32 32 Due Diligence Considerations for Nominees https://corpgov.law.harvard.edu/2011/10/01/due-diligence-considerations-for-nominees/?utm_source=rss&utm_medium=rss&utm_campaign=due-diligence-considerations-for-nominees https://corpgov.law.harvard.edu/2011/10/01/due-diligence-considerations-for-nominees/#comments Sat, 01 Oct 2011 13:45:25 +0000 http://blogs.law.harvard.edu/corpgov/?p=21943?d=20150113160649EST Posted by Scott Hirst, co-editor, HLS Forum on Corporate Governance and Financial Regulation, on Saturday, October 1, 2011
Editor's Note:

The following post comes to us from Ackneil M. Muldrow, partner focusing on merger and acquisition transactions at Akin Gump Strauss Hauer & Feld LLP, and is based on an article by Mr. Muldrow and Louis Kacyn of Egon Zehnder International which originally appeared in Thomson Reuters Accelus “Business Law Currents” publication.

When individuals are approached to join the board of directors of a public or private company, they are often thrilled by the opportunity to provide strategic guidance and advice to a new business enterprise, build new relationships with board members and perhaps transition to a new point in their careers.  However, it is rare for a nominee to complete adequate and systematic due diligence on the prospective company and the members of its board of directors prior to joining.

The premise of this article is simple: due diligence should be a two-way endeavor, undertaken by the company as well as the nominee.  This article provides practical advice for prospective nominees regarding the more refined issues they should consider and the questions they should ask prior to joining a board. With these inquiries significant considerations may be identified and then used in a nominee’s decision calculus.

(more…)

]]> https://corpgov.law.harvard.edu/2011/10/01/due-diligence-considerations-for-nominees/feed/ 1