Over the last few months, Morrow Sodali has been supporting an inquiry by the Institute of Directors’ Centre for Corporate Governance looking at the link between how companies are governed and their ability to innovate. A report setting out the findings of that inquiry was published on 30 November.
Nestor Advisors is proud to participate in the United Nations Global Compact — a voluntary leadership platform for the development, implementation, and disclosure of responsible business practices.
In this article Chris Hodge, Special Advisor, explains the importance of director development in light of increasing expectations from regulators and investors. The focus of investors’ attention is broadening to cover not just environmental and social policies and public reporting but also whether the board has the necessary skills and expertise. Even the most carefully constructed board is unlikely to capture all the relevant skills and perspectives that it ideally requires. If somehow it manages to do so, that will not be the case for long unless it takes steps to keep up with the ever-changing environment in which the company operates. Education and training should not be thought of as an optional extra but as part of directors’ duties.
Oleg Shvyrkov, Special Advisor of Nestor Advisors, will be taking part in the International Conference "ESG – new paradigm of financial market development" within the X Congress of Financiers of Kazakhstan to be held on 16 November 2022 at the Ritz Carlton, Almaty and online.
Do a company’s governance arrangements encourage or deter innovation?