Key Agreed Principles to Strengthen Corporate Governance for U.S. Publicly Traded Companies

The Key Agreed Principles to Strengthen Corporate Governance for U.S. Publicly Traded Companies, from NACD, are a new set of principles intended to guide corporate leaders, and are the cumulative effort of many organizations and individuals to find a truly shared set of ideas to improve the internal functioning of America's boardrooms. The principles help directors test their current practices rather than check "a required box" on a mandated evaluation form, and help corporate boards make governance decisions in the context of their own corporate strategy. NACD recommends that directors use the principles as a framework for determining board practices on an ongoing basis.

The principles include:

  • Board Responsibility for Governance
  • Corporate Governance Transparency
  • Director Competency and Commitment
  • Board Accountability and Objectivity
  • Independent Board Leadership
  • Integrity, Ethics, and Responsibility
  • Attention to Information, Agenda, and Strategy
  • Protection Against Board Entrenchment
  • Shareholder Input in Director Selection
  • Shareholder Communications