Trustees of public and private colleges are generally well engaged with the institutions on whose boards they serve, but could also benefit from more education, according to a study released Tuesday by the Association of Governing Boards of Universities and Colleges.
While the findings were generally positive, one concern identified was in risk assessment. The AGB study found that only about one-third of all boards have a formal process for comprehensive risk assessment. The top areas for risk assessment include finances, compliance, facilities, and campus security.
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