Anticipating More “Where was the Board?” Questions


Michael Peregrine wrote this bylined article about new regulatory positions, emerging governance best practices, proposed legislation and publicly released internal corporate investigation results in the first three quarters of 2014 that together presage much closer near-term scrutiny of the board’s risk management and compliance oversight obligations. “Collectively, these developments … will help the board refine its oversight practices and better position it to respond to those inevitable ‘Where was the board?’ questions,” Mr. Peregrine wrote.