Boardroom Flash Vol. 10/2017 Thai 2017 CG Score Hits 7-Yr High, Reflecting Board Leadership Towards Sustainable Growth
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CG News Update
Thai 2017 CG Score Hits 7-Yr High, Reflecting Board Leadership Towards Sustainable Growth
The 2017 CGR findings of 620 listed companies, conducted by the Thai Institute of Directors (IOD) in with support from the Stock Exchange of Thailand, showed a ‘very good’ result at 80%, marking the highest level since 2010 and up from 78% in 2016. (More details click) The 2017 CGR findings of 620 listed companies, conducted by the Thai Institute of Directors (IOD) in with support from the Stock Exchange of Thailand, showed a ‘very good’ result at 80%, marking the highest level since 2010 and up from 78% in 2016. (More details please download)
Traditional Risk Management vs Enterprise Risk Management: Which Approach Is The Best Choice For Your Company?
According to the National Association of Corporate Directors (NACD), "there are a number of things that boards need to do as the number and magnitude of business risks increase," reports Mondaq (Oct. 10, Butterfield). NACD supports the proposition that boards need a more disciplined board review of enterprise risk management (or ERM) and greater awareness of risk. The association recommends following eight key practices for organizational risk management. They include: one, clarify the roles of the board, committees, and management; two, understand the company's risk profile; three, define the company's risk appetite; four, integrate strategy, risk, and performance discussions; five, ensure transparent and dynamic risk reporting; six, reinforce clear accountability for risk; seven, verify that mitigation reduces risk exposure; and, finally, assess risk culture. (More details please download)
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