WASHINGTON, Feb. 15, 2011 /PRNewswire/ — With companies facing increased government regulation and public oversight, the National Association of Corporate Directors (NACD) has launched the world's first and only in-depth board analysis service that allows corporate boards to determine how their practices compare to similar companies. The NACD Custom Board Benchmarking Report enables both public and private boards to compare their current structures, practices, strategies and policies to their industry and peer group companies — and identify strengths, opportunities and weaknesses.
"Corporate directors and executives are looking for more effective strategies to deliver opportunities, establish performance metrics and standards and utilize boardroom best practices," said Kenneth Daly, president and CEO of NACD. "This customized report provides precise statistics that directors and executives can use to compare their board to other boards within their specific industry and peer group, allowing them to perform as strategic assets for shareholders."
The NACD Custom Board Benchmarking Report builds on proprietary data from NACD's two annual corporate governance surveys–the NACD Public Company Governance Survey and the NACD Private Company Governance Survey–which provide more detailed, customized information for specific boards, breaking data down across twenty-four industries. Depending on a board's interests, the data can be analyzed by a number of criteria, including industry, company type–public and private, listing exchange and market-cap.
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