Based on our experience we know that organizations with effectively functioning Board of Directors react more properly to external challenges and opportunities.
Regular performance evaluation of Board of Directors contributes to quality of decisions taken, strengthens shareholder confidence, increases capital-raising potential, affects new board elections process.
KPMG’s methodology and tools are comprehensive and practical for all parties involved in evaluation of Board of Directors. Our methodology is based on best practices and experience of our qualified professionals.
The evaluation of Board of Directors includes following steps:
- Establishment of evaluation criterias
- Selection of information sources
- Gathering information
- Analysis of gathered data
- Preparation of report and recommendations
Corporate governance (CG) principles and rules are a critical factor in building confidence and trust in capital markets and companies around the world. Yet, the ways in which markets have established and refined their corporate governance frameworks vary widely.