Most Americans participate in a corporate structure in at least one capacity during their working lives, whether as a director, an executive, a manager, an employee, or a shareholder. Yet are you fully aware of what rights you have within the organization? And are you prepared for the duties that the law imposes on you because of your role?

This webinar will analyze the roles and duties of corporate directors, management, and shareholders, with a particular focus on the “fiduciary duties” that bind directors and officers. We will also consider the practical implications of the laws around corporate decision making: If a board of directors has a fiduciary duty to act in a company’s best interests, then how are a company’s best interests defined? To what extent can a board consider the company’s environmental or social impact? Is the law in this area consistent with our societal expectations? What can “benefit corporations” do that traditional for-profit corporations cannot?

RESOURCES / NEXT STEPS
CORPORATE GOVERNANCE Cornell Certificate Program
  • An overview of the key stakeholders in a business entity along with their roles, rights, and responsibilities
  • How the corporate laws allocate decision-making authority among a company’s owners, directors, and executives
  • What types of information stakeholders in an organization need to support a particular business decision
  • How corporate social responsibility affects corporate decision making
  • Different viewpoints on how to measure shareholder value in an organization

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