EP29: Provision 5.1 NC’s Evaluation of Board

28/03/2023 3 min Temporada 1 Episodio 29
EP29: Provision 5.1 NC’s Evaluation of Board

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Episode Synopsis

Provision 5.1 states “The NC recommends for the Board’s approval the objective performance criteria and process for the evaluation of the effectiveness of the Board as a whole, and of each board committee separately, as well as the contribution by the Chairman and each individual director to the Board.”How is the NC to come up with objective performance criteria to evaluate the Board? Again, how is the self-review conflict to be resolved?Show Notes1) Download the Singapore Code of Corporate Governance belowhttps://www.mas.gov.sg/-/media/mas/news-and-publications/code-of-corporate-governance-6-aug-2018-revised-11-jan-2023.pdf2) Join the preparatory course for the SCA examshttps://courses.learningluminaries.com/courses/sca-business-valuation-governance