Product Description
Item No.: 5020
ISBN:
Publisher: The IIA Research Foundation
Publish Date:
Authors:
Media: Hardcover
Page count: 176
Gleaning from insights provided by directors and PwC professionals around the globe, this research report provides lessons learned and leading practices on how the best boards discharge their key corporate governance responsibilities. The report addresses recent developments and regulations that affect boards of directors and also:
· Offers insight from active directors about their experiences and challenges, as well as views from governance experts.
· Incorporates survey trends and data that highlight how directors are handling their responsibilities.
· Includes a Board of Directors Self-assessment Guide, capturing the leading practices discussed throughout the report.
The pressure on boards is constant — with scrutiny from shareholders, regulators, and other stakeholders. This book provides directors with advice on leading practices so they can effectively oversee the organizations on whose boards they serve.
Contents
ABOUT THE AUTHORS
Catherine L. Bromilow, CPA, is a partner in PwC’s Center for Board Governance. She works with boards of directors and audit committees of major companies and institutions, providing insight on leading practices. She has worked extensively with boards and directors from a number of countries, including the Bahamas, Barbados, Bermuda, Brazil, Canada, Israel, Mexico, the United States, and Venezuela. For the past 13 years, Catherine has been active in researching and advising on matters relating to board-level governance. She oversees numerous publications for audit committees and boards, including PwC’s annual Current Developments for Directors and the quarterly periodical To the Point. She authored the second, third, and fourth editions of Audit Committee Effectiveness — What Works Best, as well as the prior edition of Board Effectiveness — What Works Best. In 2011, for the fifth consecutive year, NACD Directorship magazine named her as one of the 100 most influential people in corporate governance in the United States. Catherine speaks frequently about corporate governance leading practices with boards and at conferences and seminars. She is a Certified Public Accountant (licensed in New Jersey) and a Chartered Accountant (from Canada) and holds a Master of Accounting degree from the University of Waterloo in Canada.
V. Elaine Garvey, CPA, is a managing director at PwC. She has more than 15 years of international public accounting experience in both England and the United States, managing audit engagements for multinational companies and significant research institutions. She has deep experience in the chemical, engineering and construction, and retail industries. She has also worked with clients in the utility industry, focusing on regulatory and government compliance-related projects. Elaine is a Certified Public Accountant (licensed in California and Louisiana) and a Chartered Accountant (from the Institute of Chartered Accountants in England and Wales). She graduated from the University of Newcastle upon Tyne and the College of Law in York, and holds the equivalent of a Juris Doctorate
Table of Contents
About the Authors and the Project Team
Acknowledgments
How to Use This Book
Executive Summary
Chapter 1 – Strategy and Implementation
Chapter 2 – Risk and Crisis Management
Chapter 3 – Corporate Ethics
Chapter 4 – Monitoring Company Performance
Chapter 5: Transformational Transactions
Chapter 6 – Management Evaluation, Compensation, and Succession
Chapter 7 – Communicating with Stakeholders
Chapter 8 – Board Dynamics
Appendix A – Board of Directors Self-assessment Guide
Appendix B – Discussion Guide for Assessing Performance
Appendix C – Project Method
Appendix D – Selected Bibliography and Sources
The IIA Research Foundation Donor Recognition
The IIA Research Foundation Board of Trustees
The IIA Research Foundation Committee of Research and Education Advisors