One of the first acts the board undertook after Mr. Bloomberg took office was an eight-month study of the mayor's holdings and relationships with a wide variety of companies.

He emphasized that the board would not undertake its own investigation of Andersen's role in Enron's collapse but would direct its attention to helping the firm survive.

Either management and the employees will load the company with debt to buy it, or the board will undertake a buyback - mortgaging the company to pay some impatient stockholders a premium.

The reason why the board undertook to repair the King sculpture and to remove 'Morningside Heights' is that both these pieces were actively endangering the public.

The board carries on the work of the authority, acquires property, appoints officers and employees, undertakes projects, makes regulations and charges, and collects revenue from services of the facilities or projects.

These boards replaced indirectly elected regional assemblies, which were established in 1994 and undertook a range of co-ordinating, lobbying, scrutiny and strategic planning functions until their abolition.

The board should undertake a formal and rigorous annual evaluation of its own performance and that of its committees and individual directors.

But that required an effort on the board's part, which we thought that the board would undertake in order to fulfill their agreement.

The public relies upon this objectivity when the board undertakes a crash investigation.

In 1998, the board undertook a three-month study to determine whether Lafayette should maintain all its varsity teams.