Original Source: CIMA
Many post-Enron discussions about corporate governance have focused almost exclusively on the responsibilities of directors and the structure of boards. This is hardly surprising – after all, a company’s survival ultimately depends on the effectiveness of its board’s decision-making processes. But boards don’t exist in a vacuum. In order to make the right decisions, directors must base them on good-quality, timely information on how their businesses are performing. The quality of performance reporting to boards is therefore one of the key factors affecting companies’ competitiveness…
Contributors: Open SourceCategories: Industry Articles, SIG U Resource, Whitepaper
SRC Type: Risk Management, Sourcing Management, Third Party Management