Today’s boardroom environment seems to be ever-changing and at times it may be challenging to keep up with the latest news, thought processes, or developments. Especially as an aspiring board director, it can be challenging to prepare yourself to successfully serve a role in such a dynamic area. Now more than ever, communication and governance efforts are seeing new standards set annually. It’s imperative for a boardroom’s success to own processes like financial reporting and public relations especially.
To help us make sense of these principles and dynamic environment, I found the expert on corporate governance and financial reporting, Amy Rojik. Amy boasts more than 25 years’ experience in the auditing profession, engaging with financial reporting executives, audit committees, and board members.
In today’s episode, we address the importance of reporting and how reporting standards have changed throughout the past decade. Join us as we unpack some interesting statistics:
- Majority of boards do not report on diversity, 66% saying they do not include corporate filings
- Sustainability reporting is deprioritized. 65% don’t think ESG and sustainability reports are valuable for investors.
- 48% of boards say they are actively preparing for an economic downturn.
We address these ideas, and many others on this episode of Boardroom Bound.
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