Overseeing a company is no small task.
- Disruptive technologies are changing companies’ business models,
- geopolitical turmoil is impacting supply chains and investment opportunities, and
- increased regulatory complexity is affecting innovation.
- Institutional investors and shareholder activists are also playing a more powerful role shaping corporate governance.
- Boards of directors have to keep up with all of these changes to be effective. The PWC 2016 survey uncovered 10 key findings that have a major impact on how boards perform.
- Diversity in the boardroom remains a topic of debate in the governance world, and male and female directors have differing opinions about its benefits.
- Directors are aware of their fellow board members’ performance—but not all are impressed. More than one-third of directors think someone on the board should be replaced.
- Moreover, despite their increasing oversight responsibilities and the many new issues boards have to understand, most directors say their workload is manageable.
- Investors are also a factor in corporate governance changes. They are pushing for changes to board composition and capital allocation strategy—and are often getting their way.
What’s happening in the boardroom?
Read more = http://pwc.to/2eeJ9aV
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