[T]here are times when a board’s culture is not collegial, supportive, or respectful and unhealthy dynamics have taken hold in the boardroom. When this happens, boards become dysfunctional, conflict becomes corrosive, and corporate performance can suffer. In the worst situations, some directors may become disruptive or engage in other forms of misconduct, necessitating corrective action by the board.
What, then, can corporations do to foster a collegial and supportive board culture that encourages open debate and respectful disagreement among directors, while also ensuring that directors adhere to standards of appropriate conduct and expected behavior? Answering that question is the purpose of this article.
Partner Jayne E. Juvan's article is now appearing on Business Law Today.
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