Shortcomings in corporate monitoring and reporting
03 Nov 2004
Only about one-third of 250 board members and top executives of large companies polled worldwide in a new Deloitte-sponsored survey say their companies are proficient at monitoring critical non-financial indicators of corporate performance.
By contrast, 86% of executives believe their companies are excellent or good at measuring and tracking the performance indicators necessary for financial reporting purposes. The survey is titled In the Dark: What Boards and Executives Don't Know about the Health of Their Businesses: