Sample Questions Regarding Board Evaluation
Some questions we have received so far from companies follow.
In addition to these, we have received many inquiries about the objectives, processes, analysis methods and practical use of evaluations.
Please feel free to contact us for further information.
- What methods, besides questionnaires and interviews, are available for conducting Board Evaluations? We would like to review various examples to determine the most suitable approach.
- While Board Evaluation is generally considered to be qualitative and specific to each organization, is it possible to conduct quantitative benchmarking with other companies using numerical data?
- How should Statutory Auditors (Kansayaku) be involved in Board Evaluation? Please provide examples from other companies.
- How can we develop a questionnaire that is tailored to our company?
- Please let us know how other companies have used the results of questionnaire responses.
- Can a questionnaire truly measure the effectiveness of a Board?
- How does external evaluation improve Board effectiveness compared to self-evaluation?
- We comply with all aspects of the Corporate Governance Code and our annual self-evaluation questionnaires consistently receive high ratings. Is external evaluation still necessary?
- In an external evaluation, is it possible to limit interviewees (for example, including only Independent Directors or excluding the Chairperson or CEO)?
- What should we keep in mind when evaluating statutory and voluntary committees?
- How should we conduct evaluations of individual Directors? We understand that individual evaluations are common in other countries – can you provide specific examples and key points to keep in mind when introducing these evaluations to Japanese companies?
- How do investors analyse and incorporate Board Evaluation results into their investment decisions? How should the results of Evaluations be used in dialogues with investors?