A Cautionary Tale for Trustees
American University was chartered by an act of Congress. Will it take another kind of action by Congress to get the university’s Board of Trustees to do the right thing? The board hoped that its decision last month to provide a $3.75-million severance package to Benjamin Ladner, who served as…
By Deborah Hechinger
Contributor
A Simple Way to Help Nonprofit Boards
Recent press exposés of misbehavior by executives and board members of charitable organizations have underscored why good governance at both foundations and charities is so important. Many of the abuses reported by the news media were caused by board members who did not understand, and in some…
By Deborah Hechinger
Contributor