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Report of second session of The Salzburg Global Forum on Corporate Governance now available

A report of the second session held by The Salzburg Global Forum on Corporate Governance has been published and is available to share.

The Corporate Balancing Act: How Can Directors Manage Conflicting Pressures? took place at Salzburg Global Seminar between September 29 and October 1 in 2016.

The session, which brought together 40 participants from 16 countries and of various disciplines, was held in partnership with Shearman & Sterling LLP, BNY Mellon, Goldman Sachs, and UBS. It was sponsored by Bank of America and Barclays. Additional support was provided by the Mexican Business Council Fellowship Program.

In addition to highlights from the plenary discussions on topics such as the role of boards as monitors, the importance of independent directors and board diversity, the prominence of shareholder activism and short-termism, and the growth of corporate social responsibility, the report, written by Rupa Briggs of Shearman & Sterling, also includes the following expert insights:  

• Directors’ Liabilities: Civil vs. Criminal by Patrick C. Leyens
• Strategic Oversight and the Redefinition of Context by Stephanie P. Bertels
• The Obsession with Independent Directors by Mariana S. Pargendler
• Board Diversity: Thoughts and Predictions by Rupa Briggs
• Short-Termism: Problems, Evidence and Solutions by Edward B. Rock
• Shareholder Pressures and the Evolving Expectations of US Corporate Boards for Climate Change and Sustainability by Veena Ramani

The Salzburg Global Forum on Corporate Governance launched in 2015 to encourage critical thinking about changing regulatory and economic environments, comparative practices, and the roles and duties of directors. 

Download The Corporate Balancing Act: How Can Directors Manage Conflicting Pressures? (PDF)

The Salzburg Global Session ‘The Corporate Balancing Act: How can Directors Manage Conflicting Pressures?’ is part of the multi-year series Salzburg Global Forum on Corporate Governance. The series was hosted in partnership with Shearman & Sterling LLP, Goldman Sachs, BNY Mellon and UBS. The session was also supported by Bank of America and Barclays. More information on the session here: www.salzburgglobal.org/go/567.