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In terms of the design and coverage of the board evaluation, there are at least nine areas that are required to be addressed. As summarised below, these touch on Shareholders and other Stakeholder-interests, the Company itself, legal and ethical issues, the Chief Executive Officer, Board meetings and individual member contributions, the general direction of the…

A conflict of interest may arise where a Board member or close family members such as a spouse, child, parent, or sibling has private interests that could improperly influence the performance of the Board member’s official duties and responsibilities. Conflict may also arise where a Board member uses their office for personal gain. Board members…

A code of conduct outlines the behavior expected from committee members. It is useful when a new committee is elected to agree to a code of conduct to underpin how committee members should behave towards one another both during and outside of meetings.  It is good to have a framework in place because it helps…

The Boards Calendar displays the current and the two following months of the Executive Directors’ work program in a monthly format. It covers all company formal business. All items in the Board calendar are tentative and subject to change. The schedule includes: The organization or committee that will discuss the items The items to be discussed The…

Board and committee meetings are generally held at the head office of the organization but may also take place elsewhere with relevant approvals. The time and venue of the meetings should be clearly communicated in the notice for the meeting.

A company secretary is a senior position in a private company or public organization, normally in the form of a managerial position or above. Despite the name, the role is not a clerical or secretarial one in the usual sense. The company secretary ensures that an organisation complies with relevant legislation and regulation, and keeps…