Greater personal requirements to work remotely, more demanding investors, tougher regulatory requirements – including Sarbanes-Oxley – and increased personal liability have combined to place much greater pressure and accountability on directors in modern corporations.
Today’s directors must be highly informed and up to speed with the companies they govern. To discharge their governance duties effectively they require access to increasing amounts of company and industry information. As such, a corresponding obligation has been placed on company secretaries to ensure directors are provided with relevant information in a timely manner.
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