Governance – Definitions and Purpose

The term “governance” is derived from the Latin gubernare, which means to steer (not to row).  The Latin in turn is derived from the earlier Greek kybernan, to steer. In Greek times the kybernao or kubernetes was the person that guided a ship, both setting the...

Board Fiduciary Responsibilities

A person who is in a position of trust with another is called a fiduciary. Board members are fiduciaries because they have been entrusted with an organization’s mission and resources. Fiduciaries are held to certain legal standards set out as fiduciary duties.  They...