In March 2018, NEDonBoard hosted a conference. Jeremy Small addressed the audience on the importance of effective corporate governance and the role of the NED sitting in the boardroom. What is corporate governance? Corporate governance is the structure and processes designed to create long-term value. There are five main factors affecting corporate governance that…
What is likely to go wrong in a boardroom? I think what goes wrong starts with the Chair. Typically, chairship – [poor] leading and controlling and orchestrating of a meeting – is where chairmen fall. As a result of that, the rest starts to dissipate and gets worse as a result of not having…
The government has announced plans to introduce a new register of those publicly listed companies where at least 20 per cent of investors are unhappy with the amount its executives are paid. Proposed measures will be published this week, aimed at improving corporate governance of UK companies and boardroom behaviour, with the register being amongst…
The ‘good stuff’ and the ‘nonsense’ on boards – an interview with Pyarali Jamal Given Pyarali’s non-executive and senior management experience (with his first taste of being on a board dating back to his role as President of a university students’ association; followed by a career in banking and the corporate world at EY where…
To ‘further enhance our competitiveness’, the UK government is looking to strengthen the UK’s corporate governance framework, issuing a Green Paper, Corporate Governance Reform, in November 2016. Responses to the Green Paper can be submitted until mid-February 2017. For a reminder, the current UK Corporate Governance Code (most recently updated in April 2016 by the Financial…
When it comes to understanding the role of a non-executive director, there seems to be a significant amount of nebulosity. There is also a shroud of mystification around the multifaceted role of the NED, which tends to discourage many competent executives from seeking NED positions with companies. There is no doubt that the evolving economic…
The board of directors is chosen to act on the behalf of the company’s shareholders in order to manage the daily affairs of the business. Overall, the board is held responsible regarding the shareholders and holds a yearly meeting each year whereby the directors have to give a report to them concerning the company’s performance,…
