Challenging board performance

Notes
Figures are in percent. denotes highest ranking, lowest. We collected quantitative data on over 400 publicly listed companies from 15 countries in Europe and scored each company on six key areas as follows: Availability - the scoring spans 13 criteria classified into three categories: the actual number and attendance of meetings; the structure of committees and the number of board positions held by the chairman and directors. Independence - the scoring is based on ratio of independent directors on the board and each committee, independent chairmanship, and the background of the chairman. Diversity of experience - this is based on 12 criteria, which include nationality of board members, diversity of backgrounds, CEO representation, length of tenure, turnover, staggering of terms, as well as the variety of experience and roles within boards. Evaluation - it takes into account the frequency, the process and the leadership of board evaluation. Competitiveness of remuneration - based on the average remuneration levels. Transparency - it shows whether companies publish standard information on board directors and corporate governance.