How Boards Should Evaluate Their Own Performance

March 12, 2017

The New York Stock Exchange requires that the boards of all publicly traded corporations conduct a self-evaluation at least annually to determine whether they are functioning effectively.

The purpose of the exercise is to ensure that boards are staffed and led appropriately, that board members are effective in fulfilling their obligations, and that reliable processes are in place to satisfy important oversight requirements.

David Larcker, Taylor Griffin, Brian Tayan, Stephen Miles

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