According to a survey conducted by Buck Consultants, part of Mellon HR Services, companies are beginning to change board structures, practices and compensation in light of SOX and ongoing shareholder concerns.
Over half of the companies surveyed are seeking new board members with specific expertise or are realigning the membership of board committees.
In addition, virtually all companies now have both audit and compensation committees, and the median annual number of audit committee meetings has increased to six.
The complete report is available for download, below:
Click To Download Summary
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