Audit Committee Executive Masterclass: Why is the internal regulation of corporate internal value creation relevant?
On Tuesday 14 April, Monique van Dijken Eeuwijk, head of NautaDutilh's Benelux Professional Services Team, will give a presentation during the Supervisory Directors programme at Erasmus University entitled ‘Audit Committee Executive Masterclass, issues for supervisory directors and regulators’. She will be exploring the issue of why Supervisory Board regulation of corporate value creation is relevant. She will also provide a list of the twelve questions a Supervisory Board must pose in this context.
From time immemorial, strategy has stood for the financial profit (value) that a corporation creates for its shareholders. Value creation is a broader issue and stands for the value that is generated for all stakeholders. Value creation thus presupposes a direct link between the corporation’s execution of its strategy and its meeting all stakeholder expectations.
Monique will also explain how internal regulation of value creation can be structured so that it meets, for example, the requirements that external regulators such as AFM/DNB impose on Supervisory Boards. The entire presentation takes into account the report recently published by the AFM entitled:'Verkenning naar kritisch vermogen auditcommissies bij verslaggeving en accountantscontrole’ (’Exploring the critical reporting and auditing capabilities of audit committees’).
Monique will be giving her presentation using an ‘Integrated Agenda’ for Supervisory Boards. She will be giving the presentation along with Robert van der Laan, a partner in PwC’s Integrated Reporting Department and Chair of PwC’s Global Steering Committee on Integrated Reporting.