In the post-IMF era, few tools have come to the fore that remedy the gaping information holes, process flaws, and time constraints that hamstring boards of directors in executing their corporate governance responsibilities. What s more, the leading Fi...
In the post-IMF era, few tools have come to the fore that remedy the gaping information holes, process flaws, and time constraints that hamstring boards of directors in executing their corporate governance responsibilities. What s more, the leading Financial Supervisory Service statutory remedy to governance flaws - the regulations and guidelines - has created even more requirements for corporate governors. Yet a solution already exists for getting the board and top executives on the same way. A Balanced Scorecard program for the board of directors provides visibilities into corporate strategy and management s actions, as well as the checks and balances the board needs to do its job efficiently and effectively - while fulfilling its ultimate responsibility to shareholders, the capital markets, and the public.