Survey finds risk management key to better governance

Industry analyst says CFOs can provide insight to improve governance practices.

In the wake of severe economic turmoil and increased regulatory pressure, it seems that boards are now more concerned about one thing: good governance.

A recent Thomson Reuters survey reveals that nearly 70 per cent of governance professionals are going beyond traditional board materials and seeking competitors' insights, financial analytics and industry information - an unprecedented move, indeed. The reason? The Thomson Reuters Annual Board Governance Survey found that a quarter of boards are not fully immersed in risk management processes due to the significant pressures associated with reviewing a vast number of board materials ... READ MORE

Released by Corporate Secretary - 27 February 2013