Boardroom-Meeting What Drives Board Effectiveness?
In view of the increased importance of effective governance, and the opportunities boards have to improve, it is time for General Counsel to spearhead an effort to enhance board effectiveness. This study revealed that director quality and social dynamics and board information access and quality have the biggest impact on board effectiveness.
November 13, 2023 at 11:09 AM
6 minute read
Corporate boards of directors are facing increasing pressure to hold executives accountable and improve their oversight of strategy and risk. For example, recent actions ranging from the Delaware Court of Chancery, to the U.S. Securities and Exchange Commission (SEC) and U.S. Department of Justice (DOJ) signal a focus on executive risk oversight and monitoring.
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