PwC's 2013 Annual Corporate Directors Survey

Board composition and behavior

What motivates people to sit on corporate boards?

IT oversight

Technology and digital media experience are attractive skills for potential director candidates.

Executive compensation

Seventy percent of directors say their boards responded to their company’s 2012 say on pay voting results.

Stakeholder communications

Directors have differing opinions about what—and with whom—to communicate.

Strategy and risk management

Strategic planning is a top priority for boards for the coming year.

Regulatory and governance environment

Directors are most concerned about possible requirements for mandatory auditor rotation/retendering.

Boards confront an evolving landscape

We are witnessing unprecedented change in the corporate governance world: new perspectives on boardroom composition, higher levels of stakeholder engagement, more emphasis on emerging risks and strategies, and the increasing velocity of change in the digital world. These factors, coupled with calls for enhanced transparency around governance practices and reporting, the very active regulatory and lawmaking environment, and the enhanced power of proxy advisors, are all accelerating evolution, and in some cases creating a revolution, in the boardroom.

In the summer of 2013, 934 public company directors responded to our 2013 Annual Corporate Directors Survey. Of those directors, 70% serve on the boards of companies with more than $1 billion in annual revenue. As a result, the survey’s findings reflect the practices and boardroom perspectives of many of today’s world-class companies. The focus of this year’s research not only reflects in-depth analysis of con­temporary governance trends, but also emphasizes how boards are reacting to a rapidly evolving landscape.

Read what corporate directors are saying about:

Contacts
Mary Ann Cloyd
Mary Ann Cloyd
Center for Board Governance Leader
Tel: +1 (973) 236 5332
See full profile
Catherine L. Bromilow
Catherine L. Bromilow
Partner, Center for Board Governance
Tel: +1 (973) 236 4120
See full profile
Don Keller
Don Keller
Partner, Center for Board Governance
Tel: +1 (512) 695 4468
See full profile
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