A spotlight on Swiss trends
Deloitte in Switzerland is pleased to present a new study on the current corporate governance trends and practices in the Swiss market. As economic conditions remain challenging, the need for robust governance and leadership is crucial, and there is an increasing demand for more transparency and visibility on the actions of the board and its chairman. In addition to a call for more independence at board level, there is also more scrutiny over the board’s oversight of the CEO and executive committee’s implementation of board decisions. Setting appropriate and acceptable levels of remuneration is critical.
Our analysis examines the companies comprising the Swiss Market Index (SMI) and the SMI MID (SMIM) index, together defined as the SMI Expanded, representing the 50 largest equities in terms of market capitalisation. We also focus on two specific topics which raised interest following last year’s study: evaluation of board performance and risk oversight.
- The views of key stakeholders Are board members truly independent? Are quotas the solution for gender diversity?
- Communicating on governance – a new era of technology?
- Remuneration on a downward trend?
- Looking ahead – Future developments.