Effective governance is characterized by participation, accountability, transparency, responsiveness and it follows the rule of law. Under federal and state law, officers and board members are fiduciaries and must act in accordance with the duties of care, loyalty, and obedience.
While good governance includes strong financial oversight, it also requires the implementation of policies and practices that support the board in meeting all of its fiduciary duties. In this webinar we will talk about where organizations sometimes go wrong and how, by following the guidelines as described in the Principles for Good Governance and Ethical Practice, you can keep your organization from facing legal actions and staying on track to success.
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