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In today's episode of BELA Asks, Erica Salmon Byrne answers the question, "We are reviewing our approach to service on external boards, both governing and advisory. In particular, what are circumstances in which we would or would not allow compensation for service on such boards?"
Erica addresses best practices on ensuring board service is documented as a conflict of interest, getting permission for service, and what to watch out for, particularly in allowing compensation for external board service.
The Business Ethics Leadership Alliance (BELA) is a community of organizations committed to strengthening and maturing their E&C programs. In BELA Asks, we take time to address members' questions, and we share that information widely, because we believe there is no competition in compliance.
#BELAAsks #Ethicast #Ethisphere #ConflictsofInterest
By Ethicast5
66 ratings
In today's episode of BELA Asks, Erica Salmon Byrne answers the question, "We are reviewing our approach to service on external boards, both governing and advisory. In particular, what are circumstances in which we would or would not allow compensation for service on such boards?"
Erica addresses best practices on ensuring board service is documented as a conflict of interest, getting permission for service, and what to watch out for, particularly in allowing compensation for external board service.
The Business Ethics Leadership Alliance (BELA) is a community of organizations committed to strengthening and maturing their E&C programs. In BELA Asks, we take time to address members' questions, and we share that information widely, because we believe there is no competition in compliance.
#BELAAsks #Ethicast #Ethisphere #ConflictsofInterest

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