The CII Research and Education Fund (CII-REF), a Council of Institutional Investors (CII) subsidiary, issued a Guide to Disclosure of Board Evaluation Processes highlighting best practices. Continue Reading →
Tag Archives | board evaluation
Board Evaluation Practices in India: Background
CimplyFive Corporate Secretarial Services Pvt. Ltd. (CimplyFive), pioneer in offering research and technology based solutions for compliance with the Companies Act 2013, and InGovern Research Services Pvt. Ltd. (InGovern), India’s first proxy advisory and a premier corporate governance research and advisory company, released their report Board Evaluation Practices in India: A Study of Top 100 Companies in 2015. Board Evaluation is a new practice for many companies mandated by the Companies Act, 2013 in India for the first time. This study is the first ever analysis of the Board Evaluation Practices since being mandated in India. Continue Reading →
Finally, an SVDX/Rock Center event that just about packed the house! I’ve complained frequently that people, especially students from nearby universities, are missing out on these excellent programs. Attendees still looked mostly like directors to me.
If students ever show up in large numbers, we’ll have to move to an arena or stadium. I’m not sure if it was the topic or if word is getting out. Critical mass has been reached with Replacing Board Members: The Elephant in the Room.
There’s no more important corporate governance task than board succession. Get that right and the rest should follow.
This book follows the theme of Corporate Governance Matters: A Closer Look at Organizational Choices and Their Consequences also by David Larcker and Brian Tayan. Larcker is the James Irvin Miller Professor of Accounting, Stanford Graduate School of Business. Brian Tayan is a member of the Corporate Governance Research Program at the Stanford Graduate School of Business. While Corporate Governance Matters (see my review) focuses on debunking “best practices” in corporate governance, A Real Look at Real World Corporate Governance takes more of an abbreviated case study approach, delving into how several decisions were made by boards at specific companies. Continue Reading →
Boards ranging from small-cap companies to the Fortune 10 are currently working with NACD Board Advisory Services to facilitate confidential and independent evaluations of their boards and directors. Continue Reading →
In recent years, virtually all boards acknowledge that an annual board evaluation is required by “best practices.” How that evaluation should be done, by the board members themselves or by outside “experts” still remains an open matter. And whether these evaluations, either internal or external, are in most cases useful in improving board performance or in “weeding out” nonproductive directors, is also a matter open to debate. Which evaluation practices offer the best chance of improving board performance? Which offer the best chance of persuading a noncontribuing director to not stand for re-election? Continue Reading →