The Corporate Governance Codes in many countries state that boards should undertake an evaluation of its own performance on a regular basis. An increasing number of regulators and investors also expect boards to do so.
By conducting a board evaluation the board will gain insight into which areas of their corporate governance could be improved.
They will be able to demonstrate to Stakeholders that they are working towards achieving the optimal level of corporate governance best practice on an ongoing basis.
Transparency of governance and effectiveness
Confirmation that the board and the company are committed to high standards of corporate governance
Confirmation that the board is targeting best practice corporate governance principles
Reducing “Headline Risk”
“ We all found this session enlightening and a beneficial discussion on key topics that both boards and service providers need to take into account on the wide ranging topic of governance. ”
Director / Deputy Group Head Of Compliance & Risk At IPES