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...

Buy this article for $49, or subscribe to Compliance Week for a month at $149 and get unlimited article access for 30 days.