The newly updated “Commonsense Principles” of corporate governance offers the general counsel a timely opportunity to engage with the board on the concept—and the application—of “best practices.”
Released on October 18, this “Commonsense Principles 2.0” builds upon the initial 2016 series of recommendations and guidelines addressing the roles and responsibilities of boards, companies and shareholders, proposed by a group of prominent business and financial sector leaders.
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