Category: latest news

The stakes for having the right mix of directors have never been higher. Board composition and director succession practices continue to face heavy scrutiny in the marketplace, led by activist shareholders, proxy advisors, regulators and, increasingly, governments and community advocates...
Board turnover in the CSSBI 100 remained at about 10%, with close to 100 new NXDs appointed to CSSBI 100 boards during Spencer Stuart’s twelve-month tracking cycle. Close to two-thirds (64%) of CSSBI 100 board chairs had five or less years of tenure serving in the role, a notable sign of ongoing board leadership...
Companies with a market capitalization of more than $10 billion and with women on their boards outperform comparable businesses with all-male boards by 26% worldwide over a period of six years. Companies with gender-diverse boards have fewer instances of problematic business practices, such as fraud, corruption, bribery, and shareholder battles, and are associated with more transparent disclosure of stock price information...
Asking great questions helps us fulfill our fiduciary duty as board directors. Through our questions, we inform ourselves about the subject matter at hand and satisfy ourselves about what is in the organization’s best interests....
As investors, regulators, and stakeholders increasingly recognize environmental, social and governance (ESG) risks and opportunities as financially material, companies are looking for ways to link management incentives with ESG performance on climate change, diversity and inclusion, and other key issues...