Based on insights from directors, SMEs, research, and benchmarking data, EY’s “How boards support transactions in an unpredictable deal market” offers guidance to boards on how to effectively oversee strategic transactions through all of the stages of a transaction (including post-transaction integration), as well as in the ordinary course in the absence of a specific transaction, with a view toward being prepared, appropriately opportunistic, and well-governed.
Particularly geared toward what is currently a complex and unpredictable environment, the piece includes tailored questions for the board to consider and a list of common transaction biases and associated bias mitigation steps, which are equally instructive for management.