(Introduction) – The NYSE mandates that the boards of listed companies undertake an annual self-evaluation to determine whether they and each of their committees are functioning effectively. While Nasdaq does not impose similar requirements, companieslisted on this exchange, as a matter of good governance, often undertake thisperformance review. The self-evaluation is intended to provide a systematic processby which the board and its committees can review their performance, make sure theyare discharging their obligations, and institute steps for further improvement.
Report
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