The boardroom Archive

Major US companies are increasingly focusing on board and director evaluations and reporting around those efforts, according to a new survey. The study by the EY Center for Board Matters (CBM) of proxy statements filed by Fortune 100 companies finds that almost half (48 percent) this year disclosed that they conducted individual director evaluations in addition to board and committee evaluations, up from 24 percent in 2018 and 39 percent last year. ‘While b...

Changing the way the board works Health and safety issues raised by Covid-19 have led to boards taking up virtual meetings with fellow directors and executives to an unprecedented extent. Many are likely to switch to virtual meetings being the default option, at least until a vaccine is implemented, Dottie Schindlinger, executive director of Diligent Institute, told the audience. In doing so, boards will need to work out how to better conduct deeper...

Board composition continues to be a primary area of focus, particularly as it relates to diversity and gender, in addition to tenure, overboarding and director skills. Canadian reporting issuers have now completed five years following changes adopted by the Canadian Securities Administrators (CSA) to National Instrument 58-101 Disclosure of Corporate Governance Practices (NI 58-101) and Form 58-101F1 Corporate Governance Disclosure that, among other things, require ...

Institutional investors see talent management and climate change as the stand-out issues factoring into companies’ strategic success, according to new research. Asked which factors are critical to their portfolio issuers’ fate over the next three to five years, almost two thirds (64 percent) point to talent management – in reference to the workforce as a whole – and 56 percent cite environmental issues/climate change. Corporate culture and board composition ...