History
The passing of the Sarbanes-Oxley Act has placed significant legal and financial responsibility on the board of directors to ensure that they fulfill their fiduciary duty to stockholders and has driven many companies to increase the number of outside, independent directors on the board. Consequently, this has led to more frequent meetings, increased information review, and increased communications between meetings. The purpose of a board portal is to securely support board communications and board workflows. The "Read Receipt" of documents by the directors is often a legal record that external auditors require.
Read more about this topic: Board Portal
Famous quotes containing the word history:
“If usually the “present age” is no very long time, still, at our pleasure, or in the service of some such unity of meaning as the history of civilization, or the study of geology, may suggest, we may conceive the present as extending over many centuries, or over a hundred thousand years.”
—Josiah Royce (1855–1916)
“We said that the history of mankind depicts man; in the same way one can maintain that the history of science is science itself.”
—Johann Wolfgang Von Goethe (1749–1832)
“The history of the world is none other than the progress of the consciousness of freedom.”
—Georg Wilhelm Friedrich Hegel (1770–1831)