Details

  • Service: Audit, Advisory, Tax, Infrastructure
  • Type: Survey report
  • Date: 3/8/2013

The Icelandic Board Member 2012 

Survey on composition of boards, board tasks and board members’ background and stance to pending gender quota.

 

KPMG Iceland in cooperation with the School of Social Sciences at the University of Iceland has published the results of the survey The Icelandic Board Member 2012, which was conducted among board members of companies and pension funds in Iceland in 2012. The results of the survey can provide a certain insight into to the changing environment of the general Icelandic board member, as well as recent changes of his/her background.

 

The main goal of the survey is to explore the work methods and environment of boards; communication between board members; their education and experience, and their stance to the composition of boards. Furthermore, the survey aims to map a stance to the Act on 40% gender quota on Boards of Directors which enters into force on 1 September 2013.

 

The first survey among board members with an eye to mapping some key issues concerning board members and the tasks of boards in Iceland was conducted in 2011. In cooperation with the School of Social Sciences at the University of Iceland it was decided to conduct a survey among board members of corporations in 2012, and this report contains the result of that survey. The survey was conducted in the autumn of 2012 and the sample was 920 board members of companies and pension funds in Iceland. A total of 396 board members fully participated, making the answer ratio 43%.

 

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About KPMG Iceland’s Board Advisory Services:
During the past years, KPMG has been a leading provider of corporate governance services in Iceland. KPMG has assisted companies in improving their corporate governance in various ways; among others by issuing a Directors' Toolkit, carrying out gap analysis and reviews of companies' corporate governance and assisting with board’s evaluation.

 

About the School of Social Sciences at the University of Iceland:
The University of Iceland, founded 1911, offers nearly four hundred undergraduate and graduate degree programs. It is organized into five academic schools, and 25 faculties. The largest school is the School of Social Sciences. It consists of six faculties; Business Administration, Economics, Political Science, Law, Social and Human Sciences and Social Work.

 

For further information contact:

Berglind Ósk Guðmundsdóttir
tel. +354 545 6149, bgudmundsdottir@kpmg.is

 

Guðbjörg Linda Rafnsdóttir
Tel. +354 525 4237, glr@hi.is

 

The survey is published in cooperation with the School of Social Sciences at the University of Iceland

The survey is published in cooperation with the School of Social Sciences at the University of Iceland