THE RESPONSIBILITIES OF A BOARD OF DIRECTORS – PART ONE

CORPORATE GOVERNANCE: THE DUTIES AND RESPONSIBILITIES OF DIRECTORS UNDER NIGERIAN LAW – Pavestones Legal

BY ADERONKE ALEX-ADEDIPE AND HILLARY OKOROTIE Introduction Corporate Governance plays a fundamental role in impacting the success and sustainability of any company and at the heart of a company’s governance structure is its Directors.  The Directors are the decision-makers with fiduciary responsibilities to the company, its shareholders and other stakeholders including, employees, creditors, and regulators. Understanding the duties and responsib…

THE RESPONSIBILITIES OF A BOARD OF DIRECTORS – PART ONE

“Ever heard of ‘the board of directors’? You probably have, whether it’s in the news about big companies like Eskom or SAA, or even your local supermarket. But what exactly do they do? And who gets to sit at that table? This series will break down the board of directors in simple terms. We’ll explain their role, their responsibility, and what kind of people make up these powerful groups. So, whether you’re a curious citizen or want to understand…

Planning the succession of the board of directors is a good governance practice. It ensures that the organizations work to make the skills and experiences of the members of