Updated and expanded, this second edition provides directors—and attorneys advising directors—with information on the policies and underlying issues that shape director fiduciary duties and the
other corporate governance requirements. It describes the legal and economic context in which these governance requirements arise, and also outlines the implementation details that can affect
specific governance related decisions. It also includes sample summary materials in the form of PowerPoint presentations to use as starting points to prepare training or explanatory sessions
before a board or management.