These are decisions that even the most astute board should not make on its own.
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To take the metaphor of negotiation or combat as a game even further, if possible one should not only change the game board, but change the game.
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"At this transitional moment for the NYSE, it should not be putting on its board anyone associated with the kind of scandal that Putnam has been through lately, " says Nell Minnow, founder and editor of The Corporate Library.
Third, that directors appointed by governments to a planned new "national security board" - designed to protect the security interests of countries in which the merged group has big operations - should not sit on the top board of the merged group.
It might then consider adopting another quite modest proposal, recently advanced by Ira Millstein, a leading lawyer and corporate-governance reformer, and a rule long observed in more shareholder-friendly places such as Britain: if, by withholding support, shareholders cast more votes against a candidate than in favour, he should not be elected to the board.
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The players refused to adhere to demands from the board that they should not endorse products from a sponsor's rival.
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It should be up to shareholders, not some board beholden to the CEO on just how much Mr. Horton and other executives receive as a severance payment.
The board added that it " should not be all or nothing" at the hospital.
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The amount of collateral should not be a determining factor of effective control, the board proclaimed.
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The terms should not be staggered, so shareholders can throw out all board members at once if they wish.
An FA board meeting last month decided that the association should not make any further financial commitment.
Issues of sustainability and environmental impact are outside of the Architectural Review Board's purview, and therefore, should not be factored into the reasoning for the vote, he said.
With immense pressure on Chukwu and NFA officials to earn their passage to the knockout stages of the Nations Cup, Mohammed did not rule out the dissolution of the NFA board should they fail to live up to expectations in Tunisia.
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The Dow Jones portfolio fund managers would likely also liquidate those equities so as not to get caught in the cross-fire between competing Shariah authorities and to thereby mitigate claims for damages arising out an allegation that the fund manager knew or should have known that the Dow Jones Shariah advisory board did not properly adhere to authoritative Shariah principles.
They should not rely solely on the law, on corporate managers or even on board directors to look after their interests.
Enron was allowed to do this because a task force of the Financial Accounting Standards Board (FASB) could not decide how energy contracts should be accounted for, explains Douglas Carmichael, the Wollman distinguished professor of accounting at Baruch College.
To manage change, and to ensure that lawyers do not find new ways to restrict competition, a Legal Services Board should be set up.
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The all-rounder is not centrally contracted to the England and Wales Cricket Board, which means it would not be able to insist should he decide to go.
Besides the rest of the board and commissioners, there is a long list of politicians who should not escape censure.
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In theory, the ratings board should have no opinion on whether "Blue Valentine" is good or not.
When things are good, a Board member should bring up questions about what could turn the tide, and not accept handwaving answers from the Company.
"The board of governors should be in no doubt that the Department of Education will not fund, facilitate or in any way support a breakaway entrance test, " she wrote.
"There should not be any unnecessary uncertainty about the carrying out of this agreement, into which the board of directors of ABN Amro was entitled to enter, " the ruling stated.
Rod Morgan, a former chair of the Youth Justice Board and a professor at the University of Bristol, said that children should not face a court if they cannot understand what is happening.
Richards said he did not object to Capello's candidacy but felt the FA should have waited for its board members to meet in person rather than discussing the Italian's merits via a conference call.
"There should not be any unnecessary uncertainty about the carrying out of this agreement, into which the board of directors of ABN Amro (nyse: ABN - news - people ) was entitled to enter, " the ruling stated.
The Commissioner is the collectively-decided leader for the greater good and just like a board of directors that acts as a fiduciary for the corporation, that potent authority should not be sterilized.
"Economics should not drive our decision, " Mr Rogge said at the end of a two-day IOC executive board meeting.
Not every person who donates money, even sizable amounts, should automatically be given a seat at the board table.
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