Resources

Director Self Assessment Questionnaire

February 16, 2012

It's no surprise these days that board and committee evaluations have become a recommended “best practice,” with the New York Stock Exchange leading the way.  In this regard, the NYSE’s corporate governance rules state that a board “should” conduct an annual “self-evaluation” to determine if the board and its committees are functioning effectively.  Moreover, firms that rate companies’ corporate governance policies, such as ISS, incorporate board of director evaluations into their scoring system.  These evaluations are seen by most governance advisory firms and institutional investors as a critical component of the overall board evaluation process, and provide an opportunity for the board and its committees to reflect and discuss areas for further effort and improvement.

For your convenience, here is a sample Director Self-Assessment Questionnaire, which is updated for 2012 to reflect the SEC’s disclosure enhancement rules and other matters. The Questionnaire includes separate parts relating to a director’s respective service on any of the major board committees. 

Please contact a Dykema attorney to learn more about Director Self-Assessments and other Corporate Governance topics.


As part of our service to you, we regularly compile short reports on new and interesting developments and the issues the developments raise. Please recognize that these reports do not constitute legal advice and that we do not attempt to cover all such developments. Rules of certain state supreme courts may consider this advertising and require us to advise you of such designation. Your comments are always welcome. © 2012 Dykema Gossett PLLC. 
 

As part of our service to you, we regularly compile short reports on new and interesting developments and the issues the developments raise. Please recognize that these reports do not constitute legal advice and that we do not attempt to cover all such developments. Rules of certain state supreme courts may consider this advertising and require us to advise you of such designation. Your comments are always welcome. © 2018 Dykema Gossett PLLC.