International Board Evaluation: Trends and Practices

Chris Pierce
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Chris Pierce: Global Governance Services Ltd

Chapter 2 in Global Boards, 2009, pp 45-54 from Palgrave Macmillan

Abstract: Abstract Most successful companies have formal procedures to regularly evaluate the performance of their employees and organizational performance. However, until comparatively recently very few companies have evaluated the effectiveness of their board. In 2002, Professor Jeffrey Sonnenfeld commented that effective board evaluation was simply not taking place: I can’t think of a single work group whose performance gets assessed less rigorously than corporate boards. (Sonnenfeld, J., 2002) The situation has moved on significantly in recent years. Board evaluation has rapidly become one of the key areas for developing boards.

Keywords: Corporate Governance; Individual Director; Corporate Governance Code; Company Secretary; London Stock Exchange (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-25051-2_3

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DOI: 10.1057/9780230250512_3

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