(MCLE) Financial Basics for Board Members: How Lawyers Should Prepare for Private, Public, and Non-Profit Board Work
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Watch the Program Recording Here
Are you interested in better understanding the financial aspects of private, public, and non-profit board work to help you contribute more productively as an attorney board member? Join us for a program geared toward lawyers, featuring a panel of distinguished board leaders and experts as they share an overview, and key insights, about Financial Basics for Board Members. This program is sponsored by: Stanford Women on Boards and The Arthur and Toni Rembe Rock Center for Corporate Governance, a joint initiative of Stanford Law School and Stanford Graduate School of Business.
Main program discussion: 8:00-9:00am PT
Optional audience Q&A: 9:00-9:15am PT
Program Speakers:
Retired Senior Partner and Chair Emeritus of Pillsbury Winthrop Shaw Pittman LLP. Service on numerous public boards including Chemours, TPG Inc, VISA, and Juniper Networks.
Board Director of GE Healthcare, of Doximity, and of CommonSpirit Health. Former C-suite/senior executive at Amazon, Discovery Inc., Ascension Health, The Advisory Board Company, and AOL Time Warner.
Professor of Law at Stanford Law School, and Faculty Co-Director, Arthur and Toni Rembe Rock Center for Corporate Governance
Discussion Moderator:
Vice President, General Counsel, and Corporate Secretary at Internet2. Serves on Georgetown Law’s Board of Visitors and the Sidwell Friends School Board of Trustees.
*Participants will only be eligible for one General MCLE credit if they attend the livestream for at least 45 minutes and attendance will be recorded. As a CA Bar Association-certified MCLE credit provider, this program is eligible for credit in the state of California. Please check with your respective state Bar Association for credit eligibility. See the required MCLE Credit reading list below.
Required MCLE Reading Materials:
Orders from cases brought under the Earnings Per Share (EPS) Initiative:
Interface, Inc. et al. Order
Healthcare Services Group, Inc., et al. Order
WSJ articles regarding Joseph Grundfest’s Quadrophobia study:
For Some Firms, a Case of ‘Quadrophobia’ by Scott Thurm
SEC Probes Whether Companies Rounded Up Earnings Per Share by Dave Michaels
David F. Larcker and Brian Tayan, Corporate Governance Matters: A Closer Look at Organizational Choices and Their Consequences, 2nd edition, Old Tappan, NJ: Pearson Education, Inc., 2015:
Chapter 1: Introduction to Corporate Governance
Chapter 10: Financial Reporting and External Audit
Optional Reading:
Joseph A. Grundfest and Nadya Malenko, Quadrophobia: Strategic Rounding of EPS Data, Rock Center for Corporate Governance Working Paper, No. 65 (2009) (revised 2022):
Quadrophobia: Strategic Rounding of EPS Data