As one of our most frequently recommended books, the Guidebook provides a brief overview of corporate director responsibilities in U.S. firms. Included are sections on legal duties, board structure, rights, orienting new directors, committees, other oversight responsibilities, federal securities laws, and liabilities. The Guidebook provides an excellent bibliography for further reading. Although, it covers the basics in a comprehensive fashion for such a slim volume (65 pages), from the time commitments normally expected of directors to the limits of indemnification, I would recommend new directors also purchase the ABA's Fundamentals of Corporate Governance: A Guide for Directors & Corporate Counsel. That volume provides more in depth coverage of many of the same areas, discusses controversial issues and is complete with brief descriptions of relevant cases. In addition, most directors would benefit from belonging to the National Association of Corporate Directors.
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