NACD Advisory Council on Risk Oversight: Communicating the Board’s Role in Risk Oversight to Investors
In brief: The NACD Advisory Council on Risk Oversight met in September of 2014 to discuss the growing number of risks under the purview of the board. Major themes from the discussion were that investors:
- Generally understand the board’s role in risk oversight.
- Look for a comprehensive approach to risk oversight.
- Want context in risk disclosures, not boilerplate.
This resource can help your board:
- Communicate with investors about how the board oversees risk.
- Design disclosures that focus on the story behind the board’s decisions.
Most relevant audiences: risk committee members, audit committee members, general counsel