Standard B12: Disclosure - payments to board members

Description:

Paying a board member or an organization in which a board member is an important stakeholder, for instance an owner, partner, or senior manager, can appear to be a significant conflict of interest. 

Standard B12 Explained

  • Remuneration of directors, officers and members

    Excerpt from Corporations Canada webpage for Not-for-profit Corporations The directors "Remuneration of directors, officers and members The directors of a corporation are entitled to fix reasonable levels of remuneration for the directors, officers and employees of a corporation, unless the...

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  • Governance Q&A: Paying for board service?

    Article by Jane Garthson, Governance Q & A, Charity Village. Posted July 4, 2011  "Some of the directors of my nonprofit want to be paid a per diem for board and board committee work. Is this ethical? There's recently been a lively online international discussion among governance...

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  • Rémunération des administrateurs, des dirigeants et des membres

    De Corporations Canada, un extrait de la discussion complète au sujet d'exigences des administrateurs. Lisez plus "Les administrateurs" Rémunération des administrateurs, des dirigeants et des membres Le conseil d'administration d'une organisation peut fixer des niveaux raisonnables de...

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