All articles tagged with #boards
A draft charter for a U.S.-backed 'Board of Peace' would let member states extend their membership beyond three years only if they contribute $1 billion in cash in the charter's first year; otherwise memberships are limited to three years and renewals are at the Chairman's discretion. The document was circulated to about 60 countries, according to Reuters (citing Bloomberg).
A new survey conducted by PwC and The Conference Board of more than 600 executives at public companies shows that only 29% of U.S. C-suite executives rate their boards’ effectiveness as good or excellent. Many in management are dissatisfied with who is on the board, what knowledge they bring to discussions, and how they engage in the boardroom. Boards should enlist senior management’s advice on board composition, its support for more in-depth director education, and its commitment to providing comprehensive information on the company’s relationships with shareholders and other stakeholders.