This new report from PwC’s Governance Insights Center shows boards steps they need to take in order to effectively oversee a company’s key risks.
According to PwC, 63% of directors rate risk management expertise as very important to have on their boards, while 79% of investors said it’s a very important attribute to be represented on boards.
This report addresses the key challenges that directors face – and shows how the board should respond:
- How can a board reassure investors that it is overseeing risk effectively?
- Do directors’ backgrounds support effective risk oversight?
- Are any key risks falling through the cracks and not being overseen anywhere at the board level?
- Is too much of the board-level effort on risk focusing on compliance and regulatory matters?