Independent external board evaluations emerged in parallel with the general development of the governance code for companies. The question now arises whether their current shape is fit for purpose in the modern corporate environment, where society/CSR and employee engagement are playing an increasing part in the context of a company’s right to operate and accumulate numerous benefits and advantages from society?
Today, in a Special Edition on INSEAD Directors Forum newsletter, it was announced that from 1st September 2017, INSEAD Corporate Governance Initiative (ICGI) will take on a new identity as INSEAD Corporate Governance Centre (ICGC).
An article by Helen Pitcher OBE for the Company Secretary’s Review
Volume 39, Issue 6, July 2015
"The governance landscape as you will be aware has been developing rapidly over the past three years. In overall terms there has been an increased focus on the sustainability and longevity of companies by the regulators which is reflected in the governance code and guidance provided by the FRC."
In the final governance article we look at the issues facing HRDs seeking to create NED careers and increase influence with boards. Given that an HRD has key capabilities in the areas of executive career management, talent development, remuneration, culture and behaviour, what is holding HRDs back from NED roles?
An article by Carly Chynoweth for The Sunday Times originally published on 26 October 2014
When some non-executives are elected as ‘lay’ directors, the chairman may need to fill in gaps in their knowledge and stop top-level bullying.
IMAGE: Lesley-Anne Alexander, chairwoman of Acevo, where most of the board is elected by the members, says she appoints extra directors to fill any gaps (Akira Suemori)