Governance & Ethics
LDS Business College is committed to promoting and maintaining ethical conduct and best practices in the governance and management of the College. This commitment extends beyond the College’s honor code and includes other legal requirements and best practices, such as corporate governance, conflict of interest management, the College’s compliance hotline and whistleblower protections.
LDS Business College (the College) is operated as an independent entity within the Church Education System (CES). Other accredited institutions of higher education within CES include Brigham Young University located in Provo, Utah, BYU-Hawaii, in Laie, Hawaii, and Brigham Young University-Idaho in Rexburg, Idaho. Each institution of higher education is incorporated and operated independently and separately within CES with oversight by the Board of Trustees.
The Board of Trustees exercises broad-based oversight of all College activities. The College’s Articles of Incorporation and Bylaws, which were last amended May of 2020, delineate the authority and responsibilities between and among the Board of Trustees (Board) and the College. The Board regularly reviews the mission of the College, key institutional policies, the academic and administrative structure, all major programs of study and the operating and capital outlay budgets. It has provided an adequate and stable funding source over the years for the operation and growth of the College.
The Board selects the University President and delegates to the President full responsibility to operate the College. In fulfilling this charge, the President counsels with the Commissioner and Assistant Commissioner of Church Education whose role is defined as a standing advisory commission to the Board.