It’s easy to forget that the concept or meaning of the term governance is not clear to many, and not just among people outside of the boardroom. In part, this lack of clarity reflects established board practices that are primarily ‘review and respond’ in their design, rather than being proactive…

Board members, chief risk officers, and other key executives from 13 countries have issued guidance to boards of directors on how to best govern risk via specialized board risk committees. As political and economic interactions become more complex, and as disruptive technologies and processes make innovation cycles massively shorter, boards…

Trustless or trusted? Skepticism over centralized authority, especially following the near-collapse of the global financial system in 2008 led to the development of “trustless” networks. One example is the blockchain behind Bitcoin, where anonymity and distributed record keeping were centerpieces of an attempt to remove the role of, and interference…

The most interesting debate in corporate governance is not happening in the boardroom or between activist owners and boards. Rather, it’s happening all across a field of public (aka “permissionless”) blockchains, as communities mostly made up of strangers rapidly realize they are stakeholders in multi-billion-dollar ecosystems. Acknowledged or not, these…