The importance of board evaluations for good corporate governance

Business, Partner Content, Video | Mon 3 Dec | Author – Business & Finance

Carol Bolger, Board Evaluation Assessor, Institute of Directors in Ireland talks to us about why boardroom evaluations are now essential to strong corporate governance.

PARTNER CONTENT IN ASSOCIATION WITH INSTITUTE OF DIRECTORS IN IRELAND

Taking us through the steps involved in effective assessments, Carol also discusses the good practice that regular evaluations promote and the reassurance they provide to both internal and external stakeholders.

As recommended by international Corporate Governance Codes, independent board evaluations should be rigorous and carried out every 3 years.  But what is involved in an evaluation?  How can you gauge the effectiveness of your board?  What are the considerations and benefits and how can they drive the business forward?