Key Agreed Principles

In 2008, amid the global financial crisis which revealed shortcomings in risk management and governance, NACD took action—with input from the Business Roundtable and the institutional investor community—and released the first corporate governance Key Agreed Principles for the American corporation. These principles were updated in 2011, which can be viewed here.

NACD established the Commission on the Future of the American Board in January 2022 to reassess the Key Agreed Principles and refresh its guidance to help boards future proof themselves. See the Future of the American Board: A Framework for Governing into the Future.