The Irish Region of The Chartered Governance Institute UK & Ireland has released the results of its Autumn Survey showing some serious challenges to corporate governance due to COVID-19 lockdown requirements.
The Institute recognises that the role of the company secretary and of governance professionals in Ireland has changed due to the restrictions brought about by working from home and the more limited service provided by the CRO (Companies Registration Office) as a result of COVID-19. The Autumn Survey of leading board and company secretaries in the listed, private and public sectors details how those changes have impacted on that role.
There were three main findings:
- The challenges of holding AGMs virtually
- The lack of face-to-face communications between management and board impacting board effectiveness
- Managing physical documents in a ‘virtual world’ and obtaining ‘wet ink’ signatures on paperwork, an issue that needs urgent change to allow for electronic signatures.
Find out more by downloading the report.
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