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Feature

Bridging Board Gaps—Again

By Lawrence A. Cunningham

03/17/2025

Directorship Magazine Board Governance

A review of a blueprint on board change 15 years later reveals the areas where corporate boards have made strides and where significant gaps remain. 

 

The corporate governance failures of the early 2000s, including the collapse of Enron Corp. and Lehman Brothers, provoked elaborate reforms of governance structures, procedures, and processes. The Sarbanes-Oxley Act of 2002 and the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 revamped important aspects...

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Lawrence A. Cunningham
Lawrence A. Cunningham is director of the John L. Weinberg Center for Corporate Governance at the University of Delaware and serves on the boards of three public companies.