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, 17 Jul 2026 11:32:25 +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 Spotlight on Boards – The Harvard Law School Forum on Corporate Governance https://corpgov.law.harvard.edu 32 32 The Spotlight on Boards https://corpgov.law.harvard.edu/2014/09/08/the-spotlight-on-boards-2/?utm_source=rss&utm_medium=rss&utm_campaign=the-spotlight-on-boards-2 https://corpgov.law.harvard.edu/2014/09/08/the-spotlight-on-boards-2/#comments Mon, 08 Sep 2014 13:17:25 +0000 http://blogs.law.harvard.edu/corpgov/?p=65569?d=20141215144415EST Posted by Martin Lipton, Wachtell, Lipton, Rosen & Katz, on Monday, September 8, 2014
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 Wachtell Lipton memorandum by Mr. Lipton.

The ever evolving challenges facing corporate boards prompts an updated snapshot of what is expected from the board of directors of a major public company—not just the legal rules, but also the aspirational “best practices” that have come to have almost as much influence on board and company behavior.

Boards are expected to:

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