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The current business climate has made it difficult than ever for a director of a public financial institution to effectively discharge his or her duties to the satisfaction of all applicable constituencies. With numerous reform proposals pending, the standards defining best practices in corporate governance are likely to change. Boards must be proactive to ensure that they are remaining current with the shifting tides of best practices in all critical areas.
July 18, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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