Governance Group Urges Board Members to Be Loyal and Obedient

By Andy Thomason. Saying that governance is “at a crossroads,” the Association of Governing Boards of Universities and Colleges on Tuesday released new guidance stressing that university trustees be loyal to their institution, among other things. The document, a “statement on the fiduciary duties of governing-board members,” outlines three main duties for board members: care, loyalty, and obedience. More...