The Conference Board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Detailed information on the use of cookies on this site is provided in our cookie policy. For more information on how The Conference Board collects and uses personal data, please visit our privacy policy. By continuing to use this Site or by clicking "OK", you consent to the use of cookies. 
The Role of the Board in Risk Oversight

Subscribe to Director Notes

This Director Notes is the first in a series of four studies developed in collaboration with Davis Polk & Wardwell to provide guidelines and examples to member companies of The Conference Board on emerging practices following the SEC enhanced disclosure reform of December 2009. The analysis of 2010 proxy statements from Dow Jones Industrial Average 30 companies shows that, at the board level, two models of risk oversight are emerging: the committee model and the active board model. A majority of the surveyed companies delegate the primary responsibility for coordinating risk oversight to a standing committee of the board (typically, the audit committee or, more often in the case of financial institutions, a dedicated risk committee).

Director Notes
Complimentary: Sign in or create an account to download.