Creating Value with International Boards

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In recent years many Danish companies - A. P. Møller Mærsk, Novo, Nozymes, Carlsberg, Vestas, Danisco and others - have begun internationalizing their boards. Nordic companies like Ericsson and Nokia have moved in the same direction. This raises interesting questions for corporate governance.

In this business seminar we present new results from a research report published by the Nordic Innovation Center. The report examines questions like:

• How internal are Nordic Boards?
• What are the arguments for and against international boards?
• Does board internationalization create value?
• What are the barriers to international boards?

However, having the right team is not enough, like other teams international boards need leadership to perform. We ask two experienced board members how they address the challenges of making international boards work.

Programme

16.00-16.05 Welcome by Steen Thomsen, CBS

16.05-16.35 Internationalizing Scandinavian Boards, Trond Randoy, University of Agder Aleksandra Gregoric, Centre for Corporate Governance, CBS

16.35-16.55 Do International Boards Create Value? Waldemar Schmidt, Adjunct professor at CBS, ex-CEO of ISS

16.55-17.15 How do we make international boards work? Sanna Suvanto-Harsaae, Chairman Babysam AS and Sunset Boulevard AS

17.15-17.35 Global representation on European Boards, David Kidd, Egon Zehnder International (TBC)

17.35–17.55 Coloplast’s US Advisory Board, Lene Skole, Chief Financial Officer, Coloplast

17.55-18.30 Panel discussion and questions

18.30-19.00 Networking reception with drinks and chips

Attendance is free of charge, but registration is mandatory at ccg.int@cbs.dk

Location: Copenhagen Business School, Solbjerg Plads 3, 2000 Frederiksberg - Auditorium SP207