Over the past decade, boards of directors have experienced an unprecedented increase in pressure and scrutiny from external stakeholders. High profile corporate collapses in the early 2000s and the resulting expectation of improved governance and oversight have put the spotlight on boards in all sectors. In Canada, these changes have given rise to greater focus on governance practices.
In our continued effort to help directors be effective and strategic in the boardroom, PricewaterhouseCoopers (PwC) and the Institute of Corporate Directors (ICD) retained the Clarkson Centre for Board Effectiveness (CCBE) to conduct a survey of recent directors’ experiences. The survey, conducted in the spring of 2009, received responses from 429 directors across Canada in a variety of industries and sectors. The CCBE subsequently interviewed eight survey participants to provide more personal insights into trends and issues highlighted by the analysis.
The report’s key findings provide valuable perspectives on a variety of board and corporate governance issues, including board culture, chair effectiveness, meeting structure, and continuing education for directors.
Tell us what you think
We welcome your feedback on this year’s report. Fill out this feedback form and provide us with your thoughts on the 2009 Directors Survey.