With all the work involved in going public, sometimes companies give short shrift to corporate governance. But that can mean they get stuck with governance decisions and structures that might not serve them well over the long term. Our advice? Start early!
Both the SEC and the stock exchanges have rules that affect a public company’s board structure and governance practices. In addition to deciding how to implement those rules, you’ll have to make a number of other decisions. They range from board size and composition to which governance policies you want to adopt. This paper will help you understand: