Corporate Governance

a. Identify and discuss the major role of the board of directors.

i. Among the list of traditional duties, what is the single most important measure of an effective board and why?

ii. What do you believe is the most urgent issue facing boards today – provide evidence from a specific Fortune 500 corporation’s board managing this issue.

b. Lastly, a reflection: Target is a leader in CSR programs showcasing its responsibility from its marketing promotions to its annual reports. Target really does good. Yet, in the past few years the company has made massive governance blunders from cyberattacks to incompetent international business decisions. What advice would you give Target’s board with regards to its CSR programs in light of its apparent errors in general management?

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