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	<title>The Harvard Law School Forum on Corporate Governance</title>
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	<title>Ten Considerations for Boards of Directors &#8211; The Harvard Law School Forum on Corporate Governance</title>
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		<title>Ten Considerations for Boards of Directors</title>
		<link>https://corpgov.law.harvard.edu/2020/03/29/ten-considerations-for-boards-of-directors/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=ten-considerations-for-boards-of-directors</link>
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		<pubDate>Sun, 29 Mar 2020 14:13:58 +0000</pubDate>
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		<description><![CDATA[The 2019 novel coronavirus (COVID-19) pandemic presents complex issues for corporations and their boards of directors to navigate. This briefing is intended to provide a high-level overview of the types of issues that boards of directors of both public and private companies may find relevant to focus on in the current environment. Corporate management bears [&#8230;]]]></description>
				<content:encoded><![CDATA[<hgroup><em>Posted by Holly J. Gregory, Rebecca Grapsas and Claire Holland, Sidley Austin LLP, on Sunday, March 29, 2020 </em><div class='e_n' style='background:#F8F8F8;padding:10px;margin-top:5px;margin-bottom:10px;text-indent:2.5em;'><strong style='margin-left:-2.5em;'>Editor's Note: </strong> <p style="margin:0; display:inline;"><a href="https://www.sidley.com/en/people/g/gregory-holly-j">Holly J. Gregory</a> is partner, <a href="https://www.sidley.com/en/people/g/grapsas-rebecca">Rebecca Grapsas</a> is counsel and <a href="https://www.sidley.com/en/people/h/holland-claire-h">Claire Holland</a> is special counsel at Sidley Austin LLP. This post is based on a Sidley memorandum authored by Ms. Gregory, Ms. Grapsas, Ms. Holland, <a href="https://www.sidley.com/en/people/k/kelsh-john-p">John Kelsh</a>, <a href="https://www.sidley.com/en/people/l/liekefett-kai-he">Kai Liekefett</a>, and <a href="https://www.sidley.com/en/people/l/lewis-kevin-p">Kevin Lewis</a>.</p>
</div></hgroup><p>The 2019 novel coronavirus (COVID-19) pandemic presents complex issues for corporations and their boards of directors to navigate. This briefing is intended to provide a high-level overview of the types of issues that boards of directors of both public and private companies may find relevant to focus on in the current environment.</p>
<p>Corporate management bears the day-to-day responsibility for managing the corporation’s response to the pandemic. The board’s role is one of oversight, which requires monitoring management activity, assessing whether management is taking appropriate action and providing additional guidance and direction to the extent that the board determines is prudent. Staying well-informed of developments within the corporation as well as the rapidly changing situation provides the foundation for board effectiveness.</p>
<p>We highlight below some key areas of focus for boards as this unprecedented public health crisis and its impact on the business and economic environment rapidly evolves.</p>
<p> <a href="https://corpgov.law.harvard.edu/2020/03/29/ten-considerations-for-boards-of-directors/#more-127946" class="more-link"><span aria-label="Continue reading Ten Considerations for Boards of Directors">(more&hellip;)</span></a></p>
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