Regulatory and Compliance Risk is One of Top Concerns For Boards of Directors
Of course, members of your Board of Directors worry about financial risk.
But, new survey results from EisnerAmper clearly indicate that financial risk isn’t the only issue that has board members biting their nails.
EisnerAmper’s second annual Board of Directors Survey, Concerns About Risks Confronting Boards, showed that in addition to financial risk, board members are also concerned about:
- Reputational risk (69 percent)
- Regulatory and compliance risk (61 percent)
- CEO succession planning ( 55 percent)
- IT risk (51 percent)
More than 140 board members, sourced from both NACD Directorship and EisnerAmper databases, participated in the survey. Respondents represented both public and private companies, and 31 percent identified themselves as serving on audit committees.
Deep-diving into the regulatory and compliance risk category, EisnerAmper found that the board members polled are most concerned about: (more…)









