IMPACT INVESTING Q1 2024: Governance | Page 6

Boards of Directors in Disruptive Times: Improving Corporate Governance Effectiveness

In the wake of Disney's CEO Bob Chapek's dismissal in November 2022, a cascade of corporate crises has spurred a critical reassessment of traditional board governance models. Despite efforts to enhance board effectiveness through independent members, separate chair and CEO roles, and robust compliance, recent events underscore the limitations of this approach in navigating complex disruptions.

In "Boards of Directors in Disruptive Times," the paper describes a comprehensive framework for reimagining board functions amidst rapid change. Drawing from detailed case studies and interviews, the book advocates for a shift from structural focus to holistic engagement with strategic issues, team dynamics, and value creation.

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Source: Jefferies, Global | Sustainability & Transition Strategy

The equal-weighted "100 Best Companies to Work For" outperforms the market-value-weighted S&P 500 and the equal-weighted S&P 500. > View Full Report

Source: Harvard Law School Forum on Corporate Governance

The Human Capital Edge:

2024 "100 Best Companies to Work For" Analysis