Following the election, the time is ripe for general counsel to provide important governance support through a series of board briefings on the possible implications to the company of potential policy changes. Not only would such briefings support core fiduciary obligations, they would also be consistent with emerging guidelines that encourage more robust board educational programming.
The implications for commerce across the broadest possible scale from the recent federal and state elections are obvious to most. The possibility of significant changes in law, regulation and enforcement practices, among other areas, could have substantial impact on whole industry sectors, as well as on individual corporations, their financial structure and their strategic planning. New corporate opportunities could be as plentiful as new enterprise risks. Who really knows at this point?
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