On Governance: 'The future ain’t what it used to be' – at least for board directors
November 14 | Tim Leech, Managing Director, Global Services, Risk Oversight Inc. | Comments (0)
The recommendations in the NACD’s Blue Ribbon Commission report on board oversight of disruptive risks are relevant and should be considered a “must-read.” Unfortunately, what it doesn’t say as bluntly and strongly as it needs to say it is that the information many boards receive today from senior management isn’t what’s required to meet these new expectations.
On Governance: Agility in Your Boardroom
November 07 | Patrick Dailey, Co-founder, BoardQuest | Joel Koblentz, Founder, The Koblentz Group | Comments (0)
Boards are expected to be more alert and foresighted. They must be prepared for more rapid situational assessment, faster reaction time and creative solutions for creating value and representing shareholders’ interests.
On Governance: Responding to Imprecision in the Voting Recommendations of a Proxy Advisor
October 30 | Bernard Sharfman, Associate Fellow, R Street Institute | Comments (0)
Institutional investors should always be in a position of making an informed vote, whether or not a proxy advisor can help in making them informed.
New Research from the Governance Center
October 26 | Governance Center | Comments (0)
During the last three months, the Governance Center released four pieces of research that cover CEO and executive compensation practices, CEO succession practices, the Delaware bench and bar perspectives on the job description of a corporate director, and an analysis of the Task Force on Climate-related Financial Disclosures (TCFD) recommendations.
CPA-Zicklin Index: More S&P 500 Companies Score High in Political Transparency
October 25 | Governance Center | Comments (0)
While political control of Congress in 2019 is unknown two weeks before Election Day, what is known is the number of S&P 500 companies receiving high scores for political disclosure and accountability continues to increase. That is a major finding of the 2018 CPA-Zicklin Index.
Commonsense Corporate Governance Principles 2.0 Launched
October 19 | Governance Center | Comments (0)
Seven CEOs of companies that are members of The Conference Board Governance Center are among 20 who have signed on to the Commonsense Corporate Governance Principles 2.0, which has been endorsed by the Governance Center and the Business Roundtable and will be hosted by the Ira M. Millstein Center for Global Markets and Corporate Ownership at Columbia Law School.
Book Discussion: Governance Professors Explain Revolutionary Board Model
October 18 | Governance Center | Comments (0)
The authors of the book “Outsourcing the Board: How Board Service Providers Can Improve Corporate Governance” recently sat down with Governance Center Executive Director Doug Chia to discuss their unique idea for a new corporate board model. A video of that discussion is available on-demand.
On Governance: Stock Buybacks – A Recent Trend That May Change Executive Compensation Pay Practices
October 11 | James F. Reda, Managing Director, Executive Compensation, Arthur J. Gallagher & Co Human Resources & Compensation Consulting Practice | Comments (0)
Care should be taken to avoid enrichment of executive pay packages as a result of a stock buyback. The selection of performance measures and corresponding performance levels can be one of the most difficult aspects of designing an incentive compensation program for executives.
On Governance: New California Law – Don’t Fear the Gender Quota
October 04 | Sophie L'Helias, Founder, LeaderXXchange™, Senior Fellow, Governance Center | Comments (0)
California's new corporate board quota law marks the first time a U.S. state will mandate gender diversity. It will put pressure on companies to be more diverse. While it will most likely be challenged in court, companies potentially affected could begin managing internal targets for naming female directors and disclosing to stakeholders who can assess whether their intentions match their outcomes.