Does the Board review its performance regularly?
The Governance Committee is responsible to report annually to the Board an assessment of the Board’s performance. In apition, each committee conducts an annual self-evaluation. These evaluations are usually conducted following the end of each fiscal year and at the same time as the report on Board membership criteria. This assessment should be of the Board’s contribution as a whole and specifically review areas in which the Board and/or the management contribution may be improved. Its purpose is to increase the overall effectiveness of the Board and its Committees.
