Abstract

Undoubtedly, nonprofit and for‐profit enterprises throughout the world have been challenged by the chaos wrought by the COVID‐19 pandemic, not to mention the social and political unrest of the last few years. That's not to mention high inflation and other economic factors that have had a major impact on their operations. All of which, experts note, have increased the pressure for their boards to rise to the occasion and bolster their hands at governance.

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