Diving for pearls: the importance of Board induction and re-induction

Tracy Long

International Journal of Business Governance and Ethics, 2008, vol. 4, issue 1, 40-50

Abstract: In 2003, the Combined Code emphasised two important aspects of Board contribution: the importance of induction for newly appointed Public Limited Company (PLC) board members, and appropriate training and development for all directors serving on a PLC board and its delegated committees, including the Audit and Remuneration Committees. This paper explores the principles of good induction and re-induction programmes for boards of directors and trustees, and its conclusions draw on the author's previous research on non-executive contribution (Long, 2004; Long et al., 2005) and her recent experience of reviewing board and committee performance and effectiveness through Boardroom Review.

Keywords: induction; re-induction; non-executive directors; board performance; board effectiveness; board contribution; corporate governance; Combined Code. (search for similar items in EconPapers)
Date: 2008
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