Trustee workbook 1. Trends in board accountability: conducting the audit.
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Biomedical subjects
Publications and source records attributed to Mary K Totten.
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Leading-edge health care boards are preparing for a new era of governance accountability by making sure they are meeting both established and emerging standards for good governance. Yet, "meeting the standards" is not the same as adopting best practices and striving for continuous governance improvement. Good, effective governance is not the same as great governance.
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High profile business failures such as Enron and AHERF have raised the public's consciousness about the governing board's crucial role in ensuring sound, ethical business practices. AHERF (the Allegheny Health, Education, and Research Foundation in Philadelphia) was the largest not-for-profit health care bankruptcy in history and has generated many lawsuits against the AHERF boards and individual trustees. The Enron bankruptcy will certainly result in lawsuits against its board and directors and has embarrassed board members profoundly.
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