Under the rules governing directors' disclosure, any director must notify the company's chairman of any share dealings, including the use of shares as security for loans.
John Clarkson, a former naval officer who took on the duty of administering the new colony, faced opposition from local slave traders, tribal chieftains and his fellow governing directors.
John Scott is chairman and governing director of the company.
Seeming to endorse the activist view, the SEC recently proposed modest changes to its rules governing director elections.
Even if Slovenia is nowhere close to actually requesting a bailout, its situation cannot help but be on the radar of the European Central Bank, whose next governing directors' meeting will be held here in Ljubljana on Oct. 4.
While the proposals apply primarily to nominations by shareholders of board members, officials said they would have broader implications for the way directors govern companies and could make boards more responsive to shareholder concerns.
Directors govern an organisation on behalf of owners, shareholders and stakeholders so you need to be comfortable in your role as a fiduciary (an individual who acts in the interest of another person or an organisation).
The Indianapolis Museum of Art is a 501(c)(3) corporation which is governed by director and CEO Charles Venable, three vice chairmen, a treasurer, secretary, and 21 additional board members.
Conventional wisdom suggests that the market already aligns the interests of a company's owners — its shareholders — and the managers who theoretically work for them: shareholders elect directors to govern management on their behalf, and shareholders who feel inadequately represented can effect change, either directly (by electing new directors) or indirectly (by selling their shares).
The fund could then appoint directors to govern the SOEs in the interests of future pensioners.
