Senior corporate leaders, board members, board advisors, investors, and interested observers all need reliable information about the state of corporate governance in the U.S. and the impact of governance reform measures.
All too often headlines and hunches shape perceptions of crucial issues when what is needed is research data that documents what is happening. To meet this need, the Center for Effective Organizations (CEO) of the University of Southern California’s (USC) Marshall School of Business and Heidrick & Struggles joined forces to conduct a national survey of corporate directors in the largest U.S. corporations. We wanted to understand how the boards of major U.S. public corporations operate today, what makes boards effective, and how their practices are changing in light of new legislation, regulations, and guidelines.
We asked corporate directors about board effectiveness, composition, structure, processes, and dynamics. To find out how directors feel about recent governance reforms, we asked how the new rules have affected the dynamics and practices of boards. Finally, we included a series of questions on one of today’s most contentious issues in corporate governance: executive compensation.
See full Report, in pdf format.
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