Title: Diving for pearls: the importance of Board induction and re-induction

Authors: Tracy Long

Addresses: Boardroom Review, 11 Horbury Mews, London W11 3NL, UK

Abstract: In 2003, the Combined Code emphasised two important aspects of Board contribution: the importance of induction for newly appointed Public Limited Company (PLC) board members, and appropriate training and development for all directors serving on a PLC board and its delegated committees, including the Audit and Remuneration Committees. This paper explores the principles of good induction and re-induction programmes for boards of directors and trustees, and its conclusions draw on the author|s previous research on non-executive contribution (Long, 2004; Long et al., 2005) and her recent experience of reviewing board and committee performance and effectiveness through Boardroom Review.

Keywords: induction; re-induction; non-executive directors; board performance; board effectiveness; board contribution; corporate governance; Combined Code.

DOI: 10.1504/IJBGE.2008.017890

International Journal of Business Governance and Ethics, 2008 Vol.4 No.1, pp.40 - 50

Published online: 21 Apr 2008 *

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