Culture

Board Evaluations and Board Dynamics

The New York Stock Exchange requires that the boards of all publicly traded corporations “conduct a self-evaluation at least annually to determine whether it and its committees are functioning effectively.”1 The purpose of this exercise is to ensure that boards are staffed and led appropriately; that board members, individually and collectively, are effective in fulfilling their obligations; and that reliable processes are in place to satisfy basic oversight requirements in areas such as strategy, risk management, financial reporting, performance measurement, compensation, and succession&nb

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