Journalists need to know how to spot signs of change within a company and what questions to ask. It requires familiarity with corporate governance practices. Here are 6 questions for non-profit boards.
Why is corporate governance interesting for journalists?
Many journalists are already writing about corporate governance without realizing it. Stories about leadership changes or business acquisitions are stories about corporate governance, even if the phrase itself is not mentioned. The main interest of journalists is caused by stories that they can reveal by delving into the company’s strategy, control, and transparency. But effective corporate governance is much more critical.
Exposure to practices that result in considerable losses for shareholders and can adversely affect the economy is an integral part of the function of the media. A journalist’s job is to pay attention to the top management of the company and ask questions about whether the directors and management are making the right decisions and whether their actions are consistent with their responsibilities to the company. These questions can lead to stories that will be useful to a highly diverse audience, including consumers, investors, taxpayers, business leaders, executives, regulators, policymakers, and clients.
Learning to recognize whether directors are acting purely in the best interests of shareholders and the long-term interests of the company is the first step for a journalist who is going to delve deeper into the affairs of the companies he covers. Learning to recognize whether directors are acting purely in the best interests of shareholders and the company’s long-term interests is the first step for a journalist who is going to delve deeper into the affairs of the companies he studies.
One of the best practices mentioned in corporate governance codes requires corporate management to anticipate and manage the risks a company may face. As a result, companies expose themselves to risks to generate income. The board is responsible for ensuring that all business risks are identified, assessed, and disclosed and that the enterprise manages these risks. Among the tools that journalists can use to evaluate companies are dedicated corporate governance scorecards that can help companies assess how well they comply with good corporate governance principles and practices.
6 Provoking interview questions to non-profit boards
The low level of corruption in the non-profit sector, transparent financial and other reporting, and compliance with internal ethical standards allow non-profit organizations s to take a leading position. It, in turn, arouses the particular interest of journalists. Sometimes it takes an expert to identify a problem, which is why journalists must develop good sources of information and communication at all levels. Building professional relationships with the media is one of the most critical responsibilities of a non-profit executive director.
So, investigative journalism requires enterprise and ingenuity from a reporter who explores uncharted territory, makes discoveries, and makes connections, rather than treading a path paved by someone else. Therefore, they often ask the board members of non-profit organizations provoking questions. Here are 6 of the best provoking interview questions:
- How do you usually deal with challenges at work?
- How has your previous experience prepared you for the role of CEO?
- How would you organize communication between the board and other people you work with within the organization?
- Employees need to act as brand ambassadors for a non-profit organization in the community. How would you involve employees in the organization?
- How do you see the future of your organization?
- How do you manage relationships with donors and the community?