Board Portal
Collaborative software, Board of directors, Sarbanes–Oxley Act
978-620-0-69752-3
6200697523
88
2012-02-21
34.00 €
eng
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. A board portal is collaborative software that allows board of directors to securely access board documents and collaborate with other board members electronically. The passing of the Sarbanes-Oxley Act has placed significant legal and financial responsibility on the board of directors to ensure that they fulfill their fiduciary duty to stockholders and has driven many companies to increase the number of outside, independent directors on the board. Consequently, this has led to more frequent meetings, increased information review, and increased communications between meetings. The purpose of a board portal is to securely support board communications and board workflows. The "Read Receipt" of documents by the directors is often a legal record that external auditors require.
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