An expert on corporate governance discusses the special sensitivities that outside directors need and how they use these characteristics in the roles that they play on the family board.
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References
1.
American Bar Association Committee on Corporate Laws, Section of Corporate, Banking, and Business Law, Subcommittee on Functions and Responsibilities of Directors. “Corporate Director's Guidebook.”The Business Lawyer, November 1976, 32, 5–52.
2.
Revised Model Business Corporation Act. New York: Law and Business Inc./Harcourt Brace Jovanovich, 1985.