Main Principle A.6 of the Combined Code on Corporate Governance provides that "[the] board should undertake a formal and rigorous annual evaluation of its own performance and that of its committees and individual directors". The Institute of Charterted Secretaries and Administrators has published its annual review of board performance evaluation, based on company reports for the 2008 reporting season. The report considers how the UK's largest 200 listed companies have carried out performance evaluation.
Friday, 20 February 2009
UK: ICSA's annual review of board performance evaluation
Main Principle A.6 of the Combined Code on Corporate Governance provides that "[the] board should undertake a formal and rigorous annual evaluation of its own performance and that of its committees and individual directors". The Institute of Charterted Secretaries and Administrators has published its annual review of board performance evaluation, based on company reports for the 2008 reporting season. The report considers how the UK's largest 200 listed companies have carried out performance evaluation.
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