Corporate Boards Get More Serious About Job Performance

By Andrea Vittorio, Bloomberg BNA

How well corporate board members do their jobs is being measured more rigorously amid increased scrutiny from investors and each other.

Most of the Russell 3000 company boards that say they review their performance each year now look at members individually, rather than as a whole, according to data provided by Institutional Shareholder Services Inc. Companies are also increasingly looking to outsiders for a more objective board evaluation, instead of doing it themselves.

In 2016, only 12 of the companies ISS analyzed said they use an external evaluator. So far this year, it’s counted 61 ...