Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

CII Urges Better Disclosure of Board Self-Evaluations

Joe Mont | September 8, 2014

Companies in the U.S lag behind their international counterparts when it comes to comes to informing shareholders of their process for director self-evaluations, the Council of Institutional Investors says in a new report that urges improved disclosures on that front.

“While most major U.S. companies have a self-assessment process for the board in place, their proxy materials often merely state this fact without elaborating on what the process entails,” the report, entitled “Best Disclosure: Board Evaluation,” says.

“When making voting decisions about directors, shareholders value detailed disclosure of the board...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.