35 years: Strategic risk management and governance
The entire Governance agenda involves balancing compliance with rules & regulations, and making the Governance structures value adding both from a shareholder as well as wider stakeholder perspective. In the fifth video on this series, Hans will talk in more detail about the Board and its key sub-committees and their oversight role in relation to risk management.
The entire Governance agenda involves balancing compliance with rules & regulations, and making the Governance structures value adding both from a shareholder as well as wider stakeholder perspective. In the fifth video on this series, Hans will talk in more detail about the Board and its key sub-committees and their oversight role in relation to risk management.
13 mins 8 secs
The Board of listed companies provide oversight over management on behalf of the shareholders. Independence is therefore a key requirement of the Board. In terms of the organisation of the Board, it will discharge a number of its responsibilities through sub-committees however, in the UK, the Board in plenary is responsible for oversight and governance of risk management.
Key learning objectives:
Understand the structure and responsibilities of the Board
Outline the main sub-committees and their responsibilities
Outline how the board discharges its oversight role