Findings
The Respondents, primarily corporate secretaries, in-house counsel, and other in-house governance professionals, represent public companies (91%) and private companies (9%) of varying sizes and industries.1 The findings pertain to all companies; public and private. Where applicable, commentary has been included to highlight differences among respondent demographics. The actual number of responses for each question is provided.
1 Public company respondent market capitalization as of December 2019: 38% mega- and large-cap (> $10 billion); 43% mid-cap ($2 billion to $10 billion); and 19% small-, micro-, and nano-cap (<$2 billion). Private company respondent annual revenue as of December 2019: 45% large (> $1 billion); 36% medium ($250 million to $1 billion); and 18% small (<$250 million). Respondent industry breakdown: 33% energy, resources, and industrials; 29% financial services; 26% consumer; 8% life sciences and health care; and 5% technology, media, and telecommunications.
Throughout this report, in some cases, percentages may not total 100 due to rounding and/or a question that allowed respondents to select multiple choices.