In recent years the length of board packs has increased significantly, especially in financial services, often surpassing a thousand pages. This information overload can hamper board members’ ability to think clearly, and thus their ability to make challenges where appropriate.
It is very clear that a new lens is being applied to board performance.
An essential source of reference and route map for the position of Non-executive director. Contains case studies and checklists throughout. Chapter 10 looks at the induction, professional development, performance and evaluation of directors. Includes 'Checklist for evaluating board performance' and 'Checklist for evaluating personal performance'
Stay up to date with the latest news and developments in corporate governance, which will help you in your work as a corporate governance professional, a member of a board or a non-executive director. Free to join.
Articles and features
The case for diverse boards was given further clout after new research published by the FRC supported the thesis that it leads to better corporate culture and performance as well as benefiting businesses from a social justice perspective.
2019 seemed particularly bad for large-scale disruptive events, and it was, until 2020 and COVID-19 came along.
Board support has long been recognised as vital to achieving good cyber security. But boards have often struggled to have good conversations with cyber security specialists and understand their risks around cyber.
Webinars and other recordings
An overview of why it is important to gain board level support for counter fraud activity and create an ethical culture in your organisation.
Following the publication of the Financial Services Faculty’s Information Overload Report earlier this year Hitesh Patel non-executive director at Aviva and chair of the ICAEW Insurance Committee and Zsuzsanna Schiff discuss how board packs can and should be improved
Succession planning for board members, both senior executives & NEDS – it’s an area that is often on the to do list but needs to be documented, shared and reviewed. A panel of respected board members and specialist advisors consider the current state of play and what organisations need to do to be on the front foot.
Niamh Corbett of Board Intelligence shares some practical and interesting tips around ‘The Six Conversations’ your Board should be having.
Graeme Nuttall OBE (Fieldfisher), and Andrew Ninian (The Investment Association) discuss how worker representation on boards could work for business.
Simon Lowe, Chairman of Grant Thornton Governance Institute, and Elizabeth Richards, Head of Corporate Governance, ICAEW, discuss the factors that constitute effective corporate governance.
Learn how to make the most of your NED or Board skills.
Disclaimer: The opinions expressed by external guest speakers in interviews or other publications included on this website are, by their nature, those of the speaker. They are not necessarily fully endorsed by the ICAEW or purport to reflect the official policies and views of the ICAEW or its members.
Bloomsbury Core Accounting and Tax Service
Eligible firms have free access to Bloomsbury Professional's comprehensive online library, comprising more than 60 titles from some of the country's leading tax and accounting subject matter experts. Find out who is eligible and how you can access the Core Accounting and Tax Service.
A chapter analysing what makes boards effective, including achieving boardroom diversity and the role of board reviews.
Practical guidance on the effectiveness of boards and directors, covering a wide variety of corporate governance issues.
A chapter focusing on effective leadership by the board and its members.
The Library & Information Service provides a collection of eBooks as a benefit of membership. Please note that ICSA publications are only available to ICAEW members and ACA students. Please log in to access these titles. If you are unable to access an eBook, please see our Help and support or contact email@example.com.
Chapter 9 looks at the board and good governance, which includes the work of the nomination committee. Board diversity, corporate culture, succession planning and recruitment to the board, director induction and development and board evaluation are all covered.
An authoritative guide to company secretarial practice. Detailed commentary is accompanied by over 80 precedents. Appendix 3 - Good boardroom practice: a guide for directors and company secretaries
This title provides comprehensive, expert-led coverage of all aspects of corporate governance for public, nonprofit, and private boards. Provides practical guidance and expert insight relevant to board members across the spectrum to aid the building of a more effective board. Written from the United States perspective.
The Library & Information Service provides a hand-picked collection of industry press articles as a benefit of membership. If you are unable to access an article, please see our Help and support or contact firstname.lastname@example.org
The article discusses the framework for assessing board's effectiveness which focuses on systematic continuous improvement in quality of the board's composition and functioning for success of the corporation.
The article highlights outcome of grading the boards of leading companies and sharing the result with the investors. Topics include the need of information by investors to know the improvisations in board; evaluation by board for assessing the performance at three levels: the board, the committees, and individual directors; and use of board evaluation by investors to help inform the voting decisions in director elections.
The article focuses on the effects of audit committee in day to day challenges faced by businesses. Topics include need of experienced, healthy skepticism, and strong communication skill based audit committee effectiveness; help of audit committees for adding new members to structured on-board process; and importance of executive and private sessions for effective functioning of the committee.
Research by The FRC and the London Business School designed to both understand the implications of changes in board diversity in response to the Davies Review, Hampton-Alexander review and the Parker Review and to look forward, to suggest how they can be accelerated. The report was launched with the press release Diverse boards lead to better corporate culture and performance
This practical self assessment guide covers all aspects of the audit committee’s remit for companies outside the financial sector.
The FRC published revised guidance on board effectiveness in July 2018
This OECD report provides an overview of international practices and regulatory frameworks for the evaluation of board performance in publicly listed companies