The report looks at director and investor views on executive compensation, board composition and performance, strategy and risk, communications, and recent regulatory initiatives
NEW YORK, Nov. 12, 2013 – PwC US today released a comprehensive report that examines the views of corporate directors and institutional investors on current corporate governance issues – finding that perspectives largely depend on “whose shoes you are in.”
“We prepared this report to compare the responses of these two groups and identify areas where viewpoints are shared or differences exist,” said Mary Ann Cloyd, Leader of PwC’s Center for Board Governance. “We hope this information helps directors, investors and management teams better understand where their views are similar and where they differ.”
In the summer of 2013, PwC conducted two surveys to gain insights from key corporate governance constituents: one survey sought the insights of public company directors and another of investors. Nine hundred thirty four directors responded to PwC’s 2013 Annual Corporate Directors Survey, 70% of who serve on the boards of companies with more than $1 billion in annual revenue. At the same time, 65 institutional investors with more than $2 trillion of aggregate assets under management responded to PwC’s 2013 Investor Survey.
Key survey findings include:
For more information or to download the complete report visit: http://www.pwc.com/us/DirectorInvestorComparison.
In addition, data and analysis of findings from PwC’s 2013 Annual Corporate Directors Survey can be viewed in full and downloaded here.
PwC’s 2013 Investor Survey key results can also be viewed in full and downloaded here.
About PwC's Center for Board Governance
PwC's Center for Board Governance is a leading resource for directors. By promoting leading governance practices, the Center advances excellence in the boardroom and is dedicated to better enabling boards and audit committees to perform their important roles. To provide timely updates to board members, the Center publishes the Annual Corporate Directors Survey, monthly BoardroomDirect, and offers forums for directors to discuss current issues.
For more information, please visit http://www.pwc.com/US/CenterForBoardGovernance.
About PwC US
PwC US helps organizations and individuals create the value they’re looking for. We’re a member of the PwC network of firms in 157 countries with more than 184,000 people. We’re committed to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.com/US. Gain customized access to our insights by downloading our thought leadership app: PwC's 365™ Advancing business thinking every day.
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