Spotlight: The Nominating and Corporate Governance Committee

One of the more interesting excerpts from this short report by Deloitte:

Traditionally, the nominating and corporate governance committee focused on recruiting and board composition. However, the new era of corporate governance is broadening the committee’s role in developing and applying practices such as:

o Corporate governance principles, including board and committee composition, independence, minutes, and participation on other boards
o Committee charter updates
o Annual performance assessments of the board and committees
o Updating the full board on what governance rating agencies are saying and addressing any concerns.

The Board Director Training Institute (BDTI) is a "public interest" nonprofit in Japan dedicated to training about directorship, corporate governance, and related management techniques. It is certified by the Japanese government to conduct these activities as a regulated nonprofit. Read a summary about BDTI here, and see a menu of its services for both corporations and investors here.

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