Western Washington University Western Washington University

Seminar in Management:
Corporate Governance
Spring 2011

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Discussion Questions for Private Company Boards:


1) What is the most important thing (or two) to consider when choosing a board and governance model for a private company?

2) What are the main differences between private boards vs. public boards and why.

3) Why are there so many types of board of directors and governance models for private companies?

4) In a family business is it better to have all insiders or some outsiders on the board and what factors would determine your answer, such as industry, size, revenue, employees, succession etc?

5) How has the Sarbanes-Oxley Act of 2002 affected private company boards, if at all?


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