Exemplars – Corporate Governance
Big Red Car here safely returned from travels back to the ATX, ahhh, on Earth as it is in Texas! Warm old Texas!
So, the Big Red Car gets a call from a young fledgling company CEO (a compilation of three such calls with the names changed to protect the innocent) who says, “Big Red Car, do you have a good exemplar for a corporate Code of Conduct, a Board Charter, an Audit Committee Charter, a Nominating Committee Charter, and a Compensation Committee Charter?”
“Yes, I do, young fledgling company CEO, but do you know how to Google?” asked your Big Red Car.
“Of course, Big Red Car, my first child is named Google. Why?”
“So, Google and find some good exemplars. I suspect you don’t want to pay your lawyer to draft them for you. Correct?”
“Yes, Big Red Car. I need some corporate governance docs and I don’t want to pay a lawyer to draft them for me. I admit it.”
“Are you intending to just copy from an exemplar?”
“Why, no, Big Red Car, but I would like to see what other companies are using. Is that a crime?”
No, it is not. So, the Big Red Car sends the CEO to the corporate governance page of Dollar General: Corporate Governance.