What Directors Think 2011 - Fourth Quarter 2011

Cover Story

What Directors Think 2011

Risk, strategy, leadership, growth—all complex, interlocking issues for boards. Corporate Board Member’s 9th annual director survey offers perspective on the leading trends and issues that comprise the governance picture today.

Fourth Quarter 2011

Features

Capital Concerns: How Buybacks and Dividends Affect Value
Decisions to buy back stock or offer dividends have many ramifications beyond the obvious. It’s the board’s job to ask tough questions and keep a reality check on the long-term strategy.

Plus: Approving a Buyback: Five Questions to Ask

Split Decisions: Debating the Role of the CEO/Chair
Whether or not to split the role of the CEO/chair is a debate that keeps rising to the fore. Yet despite the rationale, little evidence exists that a bright-line standard is necessary. Independence, say most boards and experts, remains the real test.

M&A Strategies: What Boards Need to Know
M&A is risky business, but a successful integration can make the headaches worthwhile. A disciplined approach puts the best acquirers at the front of the pack.

Plus: Six Key Questions Board Members Should Ask
Scrutinizing Deal Potential
Transaction Tax Tips

The Future is Now
Edie Weiner, a public company director, board consultant, and futurist, tells board members what to expect over the horizon.

Departments

Letter from the Editor
Fitting the Pieces Together: What Directors Think

On Board
Finding Mr. (or Ms.) Right

Tracking Written Consent

Loosening the Gate on Insider Claims?

On the Radar: Sustainability

U.S. Chamber to Boards: “Aim for Long-term Value”

View from the Bar
Candor for Compensation Committees

Committee Minutes
Creating the Right Leadership Dynamic: The Critical Role of the Nominating/Governance Committee