This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

ICSA: The Governance Institute consults on the effectiveness of independent board evaluation

  • Corporate Governance  Image

18 Jun 2019

ICSA: The Governance Institute has published a consultation on the effectiveness of independent board evaluation in UK listed companies.

The consultation is being carried out at the request of the Department for Business, Energy and Industrial Strategy (BEIS) in response to its feedback statement on Insolvency and Corporate Governance. The review will assess the quality of independent board evaluation and identify ways in which board evaluation might be improved. In particular, the consultation seeks views on whether there is a need for:

  • a code of practice for the providers of board evaluation services and formal arrangements for implementing and monitoring such a code;
  • voluntary principles to be applied by listed companies when engaging external reviewers to undertake board evaluations; and
  • guidance for listed companies on disclosure of the conduct and outcomes of their board evaluation, in accordance with the 2018 UK Corporate Governance Code.

Draft versions of these three resources are also included in the consultation.

The deadline for comments is 5 July 2019. The consultation can be accessed on the ICSA: The Governance Institute website.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.