NACD Library

A Guide for Directors of Privately Held Companies

A Guide for Directors of Privately Held Companies Cover
Series: Directors Handbook Series
Product Code: DHS-017
Publication Date: 2011
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Resource Description:

The number of privately held corporations in the United States far exceeds the number of publicly traded corporations, yet directors on those boards receive comparatively little attention. This valuable Directors Handbook Series publication, A Guide for Directors of Privately Held Companies, provides a full range of guidance for directors of private and closely held companies—from the interview that starts the journey of directorship, to the ethical concerns that must guide it. 

Topics and themes in this handbook include:

  • The interview process
  • Shareholder and stakeholder relations
  • The director's job
  • Duties and responsibilities
  • Board education and information
  • Board and committee structure
  • Corporate governance: legal aspects
  • Liability risk management
  • The advisory council 
  • Ethics