China Board Brief – The Board’s Changing Role in China Strategy |
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With a proven capacity to both create and destroy shareholder value, few issues are the subject of more internal debate among U.S. corporate leaders than the long-term effects of China on their global businesses.
To shed light on how U.S. board members currently view China, the Chinese Services Group (CSG) of Deloitte LLP, in cooperation with Deloitte’s Center for Corporate Governance, joined with Corporate Board Member magazine to survey more than 100 U.S. directors of Fortune 1500 companies. Board members were not only asked to compare their company's performance in China with their global peers, but also to assess their own role in providing strategic oversight and risk management advice. A director-level roundtable, led by Clarence Kwan, national managing partner of the CSG, was held in New York to discuss the main implications for future value creation in China and the board's evolving duties to shareholders on China-related initiatives. Key findings of the survey and roundtable discussion are summarized in the attached survey report, which Corporate Board Member magazine distributed to more than 20,000 independent directors from almost 5,000 distinctive companies.
To learn more about how U.S. corporate leaders perceive opportunity and risk in today's China, download the survey report attached at the bottom of the page in PDF format.
Related Content:
Read our second board brief, "Encouraging a Sustainable Approach to China Sourcing," on preserving the short-term benefits of a global supply chain while protecting long-term shareholder value.
Read our latest board brief, "Balancing Flexibility and Control," which explores how U.S. companies are adjusting their traditional decision-making structures in China to strike the right balance between local flexibility and control by global headquarters.
China Board Brief – The Board’s Changing Role in China Strategy
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