The governance revolution: time to take control

The very nature and definition of governance has evolved into a complex and critical beast. It’s time for directors to grab it by the horns and take control.

Image: Shutterstock
Long accustomed to operating in obscurity, company directors have found their peace and quiet disturbed lately by all kinds of clamour at the boardroom door.
Many major enterprise failures are blamed on failure of governance. Activist shareholders believe they know better. Proxy advisors grade board performance. Women and minorities lament their lack of inclusion, and the lovely phrase “board refreshment” is a polite way of saying that new blood is needed. Regulators globally debate whether and how to add more rules to ensure that boards perform.
“It is of the essence of revolutions of the more silent sort that they are u
Like this article? Sign up to our newsletter to get more articles like this delivered straight to your inbox. For thoughtful journalism, expert insights on corporate governance & an extensive library of reports, guides and tools to help boards & directors navigate the complexities of their roles. Subscribe to Board Agenda Subscribe Here