Palo Alto, California (PRWEB) January 17, 2012 On January 22, 2012, at the University Club in Palo Alto, attorney Douglas Y. Park will present to Ivy League alumni leaders in Silicon Valley on issues of corporate governance, conflicts of interest, and ethical dilemmas in alumni club service. Alumni club leaders face conflicts of interest and...
Palo Alto, California (PRWEB) January 06, 2012 Douglas Y. Park, principal of DYP Advisors and a Silicon Valley corporate governance attorney, was recently interviewed by Agenda, a Financial Times service for corporate directors, on the highs and lows of governance in 2011. Mr. Park was interviewed on both the good and bad at numerous companies....
Palo Alto, CA (PRWEB) December 16, 2011 Douglas Y. Park, principal of DYP Advisors and a Silicon Valley corporate governance attorney, was recently asked by Corporate Secretary Magazine to comment on lessons from 2011 and a governance wish list for corporate secretaries in 2012. In 2011, numerous companies made the headlines for their governance problems...
Palo Alto, CA (PRWEB) November 30, 2011 Douglas Y. Park, a corporate governance attorney based in Silicon Valley, and Principal of DYP Advisors, was recently interviewed by Corporate Secretary magazine on the collapse of investment firm MF Global. MF Global recently filed for bankruptcy protection after losing big on bets on European debt. Jon Corzine, former Chairman of...
Palo Alto, CA (PRWEB) October 28, 2011 Silicon Valley Corporate Governance Attorney Douglas Y. Park, Principal of DYP Advisors, announces a series of educational articles on fiduciary duties in corporate settings. These duties obligate the fiduciary to act in the best interests of those to whom they owe a responsibility. Examples include: The fiduciary duties of...
Do corporate officers such as CEOs and CFOs have fiduciary duties to the corporation? Do senior executives owe the same responsibilities to the corporation as board members? These questions often lie in the shadow of the board of directors’ fiduciary duties as a corporate governance issue. Many CEOs and other senior executives do not realize...
What fiduciary duties does the board of directors have to the corporation? Potential and sitting board members care about the scope of these duties as a corporate governance issue. Shareholders can sue directors for breach of fiduciary duties through a derivative action (and directly in certain instances) and hold them personally liable for damages to...
What is the role of board meetings in corporate governance for startups? Many participants in the entrepreneurial ecosystem, like venture capitalist Mark Suster of GRP Partners, have provided advice on how to run effective board meetings at startups. A question on Quora about how to run effective board meetings generated many suggestions. Indeed, I offered...
Corporate governance, especially board composition, is an area that many non-profit organizations pay insufficient attention to. At many non-profits, the board of directors consists either of friends of the organization's officers or local business or government luminaries. The issue of board composition becomes an afterthought. The process becomes random and haphazard. However, the non-profit board...
Boards of directors have two major corporate governance responsibilities: strategy and risk oversight. Within risk oversight, a large concern is compliance with legal and regulatory rules. Strategy and compliance, however, compete for the time and attention of directors. Why does this happen? What is the consequence? 1. Compliance commands attention because of its complexity and...