Informing directors, giving them a voice and opening a window into the boardroom.
We are pleased to host an article by John C . Wilcox , Chairman, Morrow Sodali.
Thirty years of corporate governance reforms have concentrated attention on the critical role played by the directors of public companies. Shareholders recognize the board’s importance but complain that they are asked to elect directors without being given sufficient information to make an informed decision. Today’s board evaluations, mostly limited to compliance checks, peer comparisons and examination of internal processes, are private affairs, with results that may be meaningful but are rarely visible to constituents outside the boardroom.
Annual board evaluations have the potential to do much more. A robust evaluation process can inform directors, give them a voice and reassure a wide array of stakeholders that the board is representing their interests effectively. By providing early warning of constituents’ concerns, the board evaluation process can also help the directors and management understand and deal with problems before they reach the stage of open confrontation.
Read More: http://morrowsodali.com/news/a-new-role-for-the-annual-board-evaluation
Bianca Fersini Mastelloni
Bianca Fersini Mastelloni is Chairman and CEO of Polytems HIR. She is a seasoned consultant in Corporate Communication with extensive experience for over 30 years. Since 1999 she is active in Investor Relations and Financial Communication for companies listed on the major financial markets. Bianca provides strategic IR, corporate access in Italy, Europe, USA, investor’s market intelligence, profiling investors, critical communication and reputation. A scholar of issues pertaining to Communications and Investor Relations. Bianca studied at SUNY – State University of New York, Buffalo and at Boston University, Boston, and she works as lecturer with some Italian University. Bianca is author of the book Investor Relations ed Etica , Efficacia e Vantaggi Competitivi - edited from Guerini e Associati - as of as several articles about Investor Relations and financial communication. Bianca has been selected as the most influential CEO 2023 in Italy for Investor Relations and Financial Communications by CEO Monthly, the international publisher of AI Global Media.