Board governance services (including director training)

Is the Board the right size and does it have the best mix of skills to optimize its effectiveness?

The need for good corporate governance sits at the top of most chairmen's lists of concerns. Codes of Corporate Governance are regularly being refreshed across the globe. All board members of listed companies now have an imperative to improve transparency around their oversight of their company's risks and controls. 

In Hong Kong, some recent changes to the Code of Corporate Governance have started to become effective and this has driven additional requirements for the boards of listed companies. Amongst other things, there is now a requirement for Board directors to undertake training; a need for listed companies to have an active remuneration committee, as well as a recommended best practice for all boards to assess their own performance. 

More recently, new legislation such as the Inside Information regime and the consultation paper on Board diversity will continue to push governance matters to the top of Board agendas. 

How can we help?  

At PwC, we can help you by:

• Providing you with an expert assessment of your board effectiveness;
• Recommending appropriate processes and controls to meet regulatory changes and requirements;
• Developing tailor-made training sessions for your board, so that you can have in-depth, confidential exchanges of ideas around selected topics; and
• Ensuring that you have a strong risk and control governance framework.

How we have added value for our clients

• Kept Boards up-to-date with leading trends and good practices through our comprehensive director training programme, that is flexible and tailored to the Boards' needs;
• Consulted and provided advice on board operations to enhance corporate governance arrangements;
• Focused on providing practical and pragmatic solutions that are relevant to the organisation to meet evolving challenges; and
• Reinforced the Board’s focus on continuous improvement and training.