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Sunday, May 26, 2013

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SRC Insights: Third Quarter 2002

Best Practices: Principles of Corporate Governance

In May 2002, the Business Roundtable, an association of chief executive officers representing 150 of the nation's largest companies, issued a white paper, Principles of Corporate Governance. This paper provides a set of best practices for senior management and boards of directors to ensure companies comply with applicable regulations and deal fairly and candidly with shareholders, employees, and the communities in which they do business. The paper is available on the Business Roundtable's website External Link.

The views expressed in this article are those of the author and are not necessarily those of this Reserve Bank or the Federal Reserve System.