According to an article on Les Echos, a study by KPMG found that nearly 8 out of 10 board members in France would make significant changes to their board if they could start from scratch. They want a wider range of skills and experiences represented in the board to better meet the needs of the company and understand the world around it. The lack of diversity in viewpoints on the board could hinder the relevance of discussions and the ability to identify important issues and risks.
Artificial intelligence (AI) is making its way into the boardrooms of companies, according to a report by Les Echos. AI is increasingly being used to analyze data, make predictions, and provide insights to support decision-making at the top level. However, concerns about the lack of human judgment and potential biases have been raised. Companies must find the right balance between AI and human expertise to ensure effective corporate governance.
The European Commission introduced a draft directive in December 2022 regarding multiple-vote share structures for companies seeking admission to SME growth markets. While the “one share one vote” principle is valued, deviations can promote competitiveness and innovation. Loyalty shares and multiple voting rights can encourage long-term ownership and control by founders. Different EU member states have varying regulations on these structures. ecoDa advocates for national regulation, strong minority protections, and flexibility in the directive.
The article explains why board members should enroll in digital executive protection programs to protect themselves and their organizations from cyberattacks. The article lists five reasons for doing so: 1) to protect against doxxing, 2) to defend against hacking, 3) to prevent impersonation, 4) to shield against identity theft, and 5) to avoid being the topic of a US Securities and Exchange Commission filing. The article also provides some examples of how these programs can help board members1.
Boardroom agility in turbulent governance seasons Kahumbya Bashige CDir, Investor Relations Manager, Shelter Afrique
Kahumbya Bashige CDir is a Tanzanian born woman with 20 years’ experience in the finance industry, a board directorship with CRDB Bank Burundi and a member of the IoD Council. ‘All things constant’ is an oft-used signature of expectations in
The article introduces Ethics & Boards, a service that helps companies, investors and stakeholders to evaluate and improve their sustainable governance. It argues that governance is a key factor for corporate performance, especially in relation to climate, social, risk and
The Corporate Sustainability Reporting Directive (CSRD) is the new EU legislation requiring all large companies to publish regular reports on their environmental and social impact activities. It helps investors, consumers, policymakers, and other stakeholders evaluate large companies’ non-financial performance. The
The article reveals that the CAC40 companies buy more foreign than French start-ups, according to a study by RaiseLab and BCG. It shows that 70% of the young companies acquired by the French index members are foreign, mainly from the
The article reports that the Norwegian sovereign fund, the largest in the world, has decided to vote against the nominations of all-male boards of directors in Japanese companies. The article explains that the fund, which invests its oil wealth in
EXCLUSIVE – Climate, societal issues, cybersecurity: which administrators to recruit to support the company?
The article reports that the board of directors of a company must recruit administrators who can help it face the challenges of climate, social issues and cybersecurity. The article argues that these topics are not only risks, but also opportunities