Are Your Board Members Willing To Answer These Tough Questions?

Gregoire, John
August 2007
Credit Union Journal;8/27/2007, Vol. 11 Issue 34, p8
Trade Publication
The article argues that it is time for the board of directors of credit unions in the U.S. to be as effective and knowledgeable as the CEO and the chairman of the board. It is pointed out that although the Sarbanes-Oxley Act of 2002 was designed for for-profit organizations, it has a ripple effect on credit union regulators. It is proposed that the CEO and other board members should be able to ask the question on whether board members are competent and willing to answer tough questions.


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