General Counsel Corporate Governance Summit
The General Counsel Corporate Governance Summit, hosted with The Conference Board Governance Center, took place on Tuesday, September 27, 2016 at Columbia Law School.
Public corporations have been the engine of growth and prosperity in advanced economies since the beginning of the twentieth century, creating innovative products and services and leading to unprecedented improvements in the standard of living. The question now is whether, due to changing capital markets and governance practices, public companies have become increasingly focused on extracting value in the near term instead of investing for the creation of long term value? There is a growing concern that the forces affecting corporate governance are jeopardizing capitalism as society’s engine of long term, durable growth.
Some contend that boards of directors and management are not adequately responding to the decline in long term growth, and that their roles and responsibilities should be the focus for reform. Others point to the rise of activist hedge funds as increasing short term demands. The goal of this gathering was to determine the best governance path forward for shareholders, directors, and management under these circumstances to assure needed long term growth.
The Summit was by invitation only. For more information, please contact the Center's Executive Director, Marcel Bucsescu, at firstname.lastname@example.org.
Information Regarding New York CLE Credits:
Columbia Law School has been certified by the New York State Continuing Legal Education (CLE) Board as an Accredited Provider of CLE programs. Under New York State CLE regulations, this live non-transitional CLE Program will provide 4.5 credit hours that can be applied toward the Areas of Professional Practice requirement. CLE credit is awarded only to New York attorneys for full attendance of the Program in its entirety. Attorneys attending only part of a Program are not eligible for partial credit for it, although they are most welcome to attend it. Attendance is determined by an attorney's sign-in and sign-out, as shown in the Conference registers. On sign-out, attorneys should also submit their completed Evaluation Form, provided at the Conference. Please note the NYS Certificates of Attendance will be sent to the email address as it appears in the register unless otherwise noted there.