Electronic – Board Effectiveness Evaluation (E-BEE)

The drive towards board evaluations is primarily shaped by the changing regulatory landscapes both at the domestic and global levels. From a domestic standpoint, the Malaysian Code on Corporate Governance (“MCCG”) and Bursa Listing requirements calls upon listed issuers to undertake formal and objective annual evaluations to determine the effectiveness of the board, its committees and individual directors. Looking beyond the Malaysian frontier, the practice of conducting annual board assessments is increasingly recognised as an essential cornerstone of corporate governance, as recommended by various global guidelines and principles.

Leveraging on Deloitte’s extensive experience in facilitating board evaluations, the E-BEE is envisioned as an innovative, end-to-end solution to elevate the board evaluation process from a paper-based modality to a data driven digital solution. In an era where technology and artificial intelligence are reshaping corporate practices, the E-BEE Tool is highly customisable to suit the unique needs of corporate boards across a myriad of industries. Designed with simplicity in mind, the E-BEE goes above and beyond traditional survey platforms by offering a comprehensive suite of features designed to streamline and enhance the evaluation process. Ultimately, the E-BEE Tool optimises the traditional board evaluation process by removing inefficiencies associated with manual tasks, mitigating the risk of human error, and delivering more timely, actionable insights for enhanced decision-making.

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