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Long-term Performance Briefing: Questions for Directors to Ask

October 2009
By Alan Willis, CA

Safeguarding the long term interests of the corporation is a fundamental duty of the board of directors. The board must oversee management’s plans for surviving market volatility in the short term, but may provide even greater value by focusing on the enhancement of the company’s performance in the longer term.

Long-Term Performance Briefing: Questions for Directors to Ask is written to help Canadian directors focus on enhancing longer term corporate interests despite the immediate pressures of the economic downturn. The briefing highlights areas a number of key areas for boards to address in order to enhance the corporation’s long term performance and offers questions that are intended to be a catalyst for useful dialogue among directors, with management or with outside advisors.

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