The objective of this questionnaire is to help the board and management assess the organization’s current corporate governance environment.
Sample questions include: Are governance compliance efforts organized to move ahead of the reform process, or are you constantly concerned with keeping up? Are all critical processes of the business that warrant oversight from the board incorporated within that scope? Have you recently evaluated the board’s performance to determine if there is a need for improvement? Are any changes required as a result of the Sarbanes-Oxley Act, stock exchange proposals or other corporate governance requirements?