The biggest mistakes made by management pertain to providing too much data and not enough analysis, making it difficult for the board to identify the key issues, together with a heavy emphasis on financial and operational matters, which facilitates insuff
Audit committee chairs may find resonance in the phrase “tragedy of the horizon”, an expression coined in 2015 by Bank of England governor Mark Carney, which refers to the paradox that arises when market actors must take urgent action to address a long-te
Committees, particularly audit committees, are sometimes better accepted than boards.
One of the board’s basic duties is to monitor and vet strategic business priorities on behalf of the company’s shareholders.
This article explores how leadership exerts a fundamental influence on the corporate culture of an organization, and how that influence sets the tone for the way the organization conducts business.
There are few relationships more critical to the good governance of an organisation than that between the chairman and the chief executive.
When serving as the director of a company, certain legal obligations are created and attached as a result of the nature of the relationship with the company. This includes the existence of a fiduciary duty to the company.
Financial reporting requirements are innately crucial to any Board and C-team to help evaluate past performance and inform future strategy. The common notion is that the CFO is responsible for providing accurate and timely reports in accordance with accou