Growing Great Governance in Social Entrepreneurship & Impact Investing - Evolving Role of Board Duties & Liabilities
Julie Abrams, Impact Investment & Social Entrepreneurship Consultant and Deborah Burand, International Transactions Clinic, University of Michigan Law School
Board members are expected to exercise fiduciary responsibility toward the institutions that they govern. But what does this mean in today's world of social entrepreneurship and impact investing? How do Board members exercise fiduciary responsibility in situations that require a trade-off between financial performance and social impact? What best practices are emerging for governance in social enterprises/impact investment vehicles? How can we better recruit and train Board members ready to shoulder the complex challenges of governing institutions that are focused on achieving both social and financial goals?
Board membership, Corporate governance, fiduciary responsibility, impact investment, leadership, social enterprise, social entrepreneurs
Panel
Intermediate
Julie Abrams, Impact Investment & Social Entrepreneurship Consultant; Brian Cayce, Gray Ghost Ventures; Beau Seil, Unitus Impact.
Deborah Burand, International Transactions Clinic, University of Michigan Law School