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The Sarbanes-Oxley Act requires corporate CEOs (executive directors) to attest or affirm to their board of directors at least annually that every aspect of the organization is properly managed.

It’s a frequent question from executive directors asking for assistance to improve governance; they are pitted against a board that calls orientation “a waste of time.”

The difference between total current assets and total current liabilities. It indicates the extent to which short-term debt is exceeded by short-term assets.

Cooperatively owned and operated businesses face the constant challenge of obtaining sufficient equity capital to properly finance their organizations.

An alternative process that many co-ops are using is consensus. Consensus is a process of building a united judgment whose purpose is not to avoid conflict but to bring out...

This program framework outlines the key elements, standards, and guidelines of the program, and defines the roles and responsibilities of BC Housing in delivering and managing the program.

Some of the bad things that happen to board members happen because they don't ask any questions about what the service will entail.

Co-operative businesses are governed and run by the boards of directors. They manage the state, create policies and procedures, and make decisions that benefit the business.

80 percent of an iceberg is below the surface. The same can be said about associations. The critical elements are invisible to members, yet a responsibility of the leadership.

The Co-op is fully mutual, and because all members are part of the governing body, they all fall under the requirements of Schedule One.

“Best Practices” refers to the practices, systems, etc. that are commonly accepted as the most effective ways to develop a co-op board of directors.

Do your board members seem disinterested during meetings? Do your discussions regularly stall? It could be because your board is not being asked to think critically.

How do we keep directors engaged? “They lose steam. A few quit coming to meetings. The passion they expressed has waned,” are frequent plaints.

Use this workbook as a companion to our in-depth white paper, "The 6 Most Important Elements for Running Your Board Like a Pro," to proactively improve the operation of your...

Gavel the meeting to order, and a procession of reports begins

But, just like any relationship, building and maintaining the board chair–chief executive partnership calls for hard work by both parties

This checklist is a reference document designed to help the board of directors anticipate and track various matters they’ll need to consider as they are near the end of the...

Board committees play a crucial role in the effective governance of organizations. They are specialized groups tasked with specific functions and responsibilities, aiding the board of directors in fulfilling its...

Remember: if a Board decision is required, Board Members have clear legal and regulatory requirements about how they communicate.

Board members often have long tenures, and your board has tremendous responsibility and decision-making power. As such, it's critical to the success of your organization to have the right composition...

The board of directors is central to the operations of cooperative business.

When directors join a board, they expect to receive and read the governing documents. The bylaws, policies, and articles of incorporation outline board authority and limitations.

After many board meetings, I hear the staff say, “They loaded me up with all sorts of new projects.” One way to ease the burden on staff from volunteers is...

Bringing on a terrific board member is only the first step. Taking the time to ensure that each board member becomes personally invested and engaged in the organization's mission is time...