Corporate Governance Survey

Do NZ companies and other organisations have easy access to high-quality directors? Are our boards populated by directors with sufficient competence to do the job? And, do Kiwi directors believe they are effective? These are three of the key questions in a survey ("Directions 2006: Understanding Governance") of directors, senior executives, investors, advisers and others involved in the world of organisational governance. The survey will take place over the next six months.

Research conducted by Massey University in 2004 suggested that NZ directors need more coaching and education to be effective in giving strategic guidance to management; that director independence lags behind other countries; that fund managers would like to see more independent directors; and that NZ boards aren't drawing directors from all strata of society or from sufficiently diverse backgrounds.

The survey is Internet-driven from the website www.worldsurvey.info. The link is distributed though supporting organisations and government bodies to ensure a broad reach. Once completed, the data will be sent to the survey engine at Waikato Management School and imported into a statistical application which drives the analysis.

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