Boards are increasingly being held responsible for climate change related natural disasters, fraud and corruption allegations, and various other ESG-related lawsuits.
If BlackRock is willing to hold directors accountable, other institutional investors will follow. Three strategies to prepare for greater accountability.
Known as a defender of choice for companies under attack, Martin Lipton has also been arguing against short-termism for more than three decades.
The pressure on boards to diversify will only rise. Following are the two most common legal risks to directors, and how to take proactive steps to mitigate.