CG T11 & T12

Topic 11: Assessment of directors, boards, and companies (Ch17)

Topic 12: Corporate governance and the future: the next thirty years (Ch18)

Reviewing board and committee performance, p.441

Rating systems, p.450

Reviewing individual directors performance, p.447

Assessments for countries, p.453

Style / efficiency / effectiveness, p.445

Development, p.446

Structure / member profiles, p.442

Review flowchart, p.443

ISS's Governance Risk Indicators (GRId), p.451

Governance Metric International (GMI), p.451

Investor Responsibility Research Centre (IRRC), p.451

International Finance Corporation (IFC), p.452

S&P's GAMMA rating, p.450

CoreRatings, p.452

NB: All examples use different criteria and are therefore scores are not comparable

Future Frontiers (477)

Today's frontiers (470)

Emerging markets, i.e. China and India, p.484-5

Shareholder activism, p.470

Wider social awareness (CSR), p.474

Gender diversiy, p.473

Rules v Principles, p.477

Board culture. p.478

Integrated reporting, p.474

Influence of accounting standards (IFRS/GAAP), p.477

External auditors and advisers, p.481

Globalization, p.480

Complexity of organisational types, p.482

Less reliance on US capital, p.477/484-5

Increased risk profiles, p.473

Drivers of changes (484)

Response to corruption, collapses, economic crisis, p.484

Efforts of reformers and interest groups, p.485 #

Research and academics, p.486

Social, political and economic changes, p.487 #

Society's changing expectations, p.487

p.489 Final paragraph talks about trust, worth referring to.