National Venture Capital Association


Corporate Governance Practices PDF Print E-mail

A Simple Guide to the Basic Responsibilities of VC-Backed Company Directors” addresses the critical role
of corporate governance in contributing to effective boards.This guide answers essential board service
performance questions and recommends guidelines for all VCBC directors. It is also a tool to educate the
other core VCBC constituents—management, investors, and employees—about proper board governance
process. It is meant to be useful for practitioners and focuses on corporate governance practices in the
context of the emerging privately held company. Our focus on corporate governance is not intended to
diminish the importance of the other value-adding roles of VCBC directors outside the boardroom.

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A Simple Guide to the Basic Responsibilities of VC-Backed Company Directors