Operating an effective board
May 2017 | SPECIAL REPORT: OPERATING AN EFFECTIVE BOARD
Financier Worldwide Magazine
May 2017 Issue
Today’s complex business world is rife with any number of challenging scenarios and environments. These include cyber security threats, the economic outlook, financial management and regulatory compliance, among many others. Against this backdrop, the importance of an effective board cannot be underestimated. A company functions best when it has an effective board at the helm, and organisations need to fully grasp the benefits that a strong boardroom can bring. Clearly, raising the bar on boardroom performance must become a focus for companies across the globe, ensuring that a board is performing, not just functioning.
FORUM: CEO challenges in 2017: risk and transformation
FW moderates a discussion on risk and transformation challenges for CEOs in 2017, between Maggie Wilderotter at Grand Reserve Inn, Dr Horst J. Kayser at Siemens AG, and Susan Stautberg at the WomenCorporateDirectors Foundation.
Is it worth having good governance?
ACCA Global At a recent meeting, someone said that good corporate governance is good for companies. Despite it being quite a familiar phrase about the subject, immediately there were questions if this claim has been statistically proved...
Black Diamond Associates In January 2017, the US Environmental Protection Agency (EPA) reached the third of three partial settlements with Volkswagen AG, Audi AG, Dr. Ing. h.c. F. Porsche AG, Volkswagen Group of America, Inc., Volkswagen Group of America...
A moral compass: a guide for leaders
Frank C. Bucaro & Associates Leaders need to understand, first, that compliance and ethics are not the same. Compliance is the letter of the law and ethics is the spirit of the law. They are different although relatable – but not interchangeable. They need to complement each other...
Effective governance for a family enterprise
Continuity, LLC Once a family enterprise reaches a certain level of complexity – beyond the ‘mom and pop’ stage or lifestyle business – decision-making and planning often become exceedingly difficult or fraught with conflict. For these firms...
What makes some organisations great at compliance?
Klink & Co., Inc. For those who want to do right, and focus on compliant conduct for employees and business partners, this can mean more profits, less headaches and better business results. This article discusses the benefits of having robust...
Board succession planning – essential to board effectiveness
Korn Ferry Back in the days when directors were hand-picked by chief executives (CEOs), the composition of boards was not of particular interest or relevance. But board independence has come a long way in the last couple of decades. Boards are now...
Opportunities and risks faced by independent non-executive directors in Hong Kong
Reed Smith Richards Butler It is increasingly recognised across jurisdictions as a matter of good corporate governance and effective boards that independent non-executive directors play essential roles in the boardroom. Since 2012, recognising that a strong...
Toffoletto De Luca Tamajo e Soci Clear principles on the governance and structure of the remuneration policies of board members and top managers have become, since the financial crisis of 2007-2008, an important means by which to operate an effective...
CONTRIBUTORS
ACCA Global
Black Diamond Associates
Continuity, LLC
Frank C. Bucaro & Associates
Klink & Co., Inc.
Korn Ferry
Reed Smith Richards Butler
Siemens AG
Toffoletto De Luca Tamajo e Soci
WomenCorporateDirectors Foundation