Evaluating boards and directors

Kiel, Geoffrey C. and Nicholson, Gavin J. (2005) Evaluating boards and directors. Corporate Governance: An International Review, 13 5: 613-631. doi:10.1111/j.1467-8683.2005.00455.x

Author Kiel, Geoffrey C.
Nicholson, Gavin J.
Title Evaluating boards and directors
Journal name Corporate Governance: An International Review   Check publisher's open access policy
ISSN 0964-8410
Publication date 2005-09
Sub-type Article (original research)
DOI 10.1111/j.1467-8683.2005.00455.x
Volume 13
Issue 5
Start page 613
End page 631
Total pages 19
Editor C.A. Mallin
Place of publication Oxford, U.K.
Publisher Blackwell Publishing
Collection year 2005
Language eng
Subject C1
350208 Organisational Planning and Management
720403 Management
1503 Business and Management
Abstract The challenge for boards is to prevent crises in the organisations they govern. Performance evaluation is a key means by which boards can recognise and correct corporate governance problems and add real value to their organisations. Our paper provides a practical introduction to board and director evaluations. We discuss the reasons for governance failures and how board evaluations can help prevent them from occurring. We then review the performance pressures facing boards and the benefits of board evaluations in meeting these pressures. Finally, we introduce our framework for a successful board and/or individual director evaluation, whatever the company type. In this framework, we suggest there are seven key questions to consider when planning a board evaluation and discuss each of these seven decision areas.
Keyword Management
Boards Of Directors
Performance Evaluation
Corporate Governance
Financial Performance
Q-Index Code C1

Document type: Journal Article
Sub-type: Article (original research)
Collections: Excellence in Research Australia (ERA) - Collection
2006 Higher Education Research Data Collection
UQ Business School Publications
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Citation counts: TR Web of Science Citation Count  Cited 26 times in Thomson Reuters Web of Science Article | Citations
Scopus Citation Count Cited 36 times in Scopus Article | Citations
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Created: Wed, 15 Aug 2007, 05:27:09 EST