The Netherlands Board Index shows that Dutch public companies have again stepped up their efforts for complying with better corporate governance. The majority of major Dutch public companies have made a genuine effort to adopt best practices in corporate governance.
Major trends revealed include:
- Directors are meeting significantly more often
- There is more financial expertise on audit committees
- Average tenure of non-executive directors has decreased significantly
- More companies have a non-executive financial expert
- Cash remuneration for non-executive directors has increased
- The number of women on boards is slowly increasing
- Supervisory boards (two-tier boards) are no longer decreasing in size
- The number of one-tier boards is unchanged
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