board evaluation(The process by which the entire board, its committees, or individual directors are evaluated for their effectiveness in carrying out their stated responsibilities. In the United States, annual board evaluations are a listing standard of the New York Stock Exchange (NYSE), which requires that the nominating and governance committee "oversee the evaluation of the board and management." Furthermore, each committee (audit, compensation, and nominating and governance) is required to perform its own self-evaluation. The quality of board evaluations varies widely across companies. Moonranger)
