Find Lawyers in Rogers, Arkansas for Corporate Governance Law
Jim Smith is a founding partner of Smith Hurst, PLC. Prior to founding the firm, Jim practiced law for over sixteen years in the Mergers and Acquisitions practice group of the largest Arkansas based law firm. Since the mid-1990s, Jim has served as lead counsel on many of the largest and most notable business transactions and financings in the region and the State of Arkansas. During this time he has also worked closely with many start-up, emerging technology and high growth companies in advis...
Corporate Governance Law Definition
In the wake of disasters such as Enron and WorldCom, it is more important than ever to ensure companies have the right checks and balances in place to avoid wholesale fraud or abuse of office. The roles of boards of directors, board committees, individual directors, and executive officers have always been challenging. Congress, the Securities and Exchange Commission, and the stock exchanges have expanded materially the responsibilities of directors and executive officers of public companies and imposed upon them significant potential liabilities.
For all of these reasons, it is important for companies to find excellent corporate governance counsel to represent the company and its board of directors and committees. Corporate governance lawyers should have extensive experience in advising boards of directors, board committees, and executive officers as the boards perform their duties in all types of situations, both extraordinary and routine. These boards and committees need attorneys who are thoroughly versed in traditional corporate fiduciary standards, as well as in the extensive and ever-changing body of legislation, regulation, and listing standards that both define and shape the responsibilities of directors and officers of companies.
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