Lack of evaluation. The NACD report includes a sample board evaluation form. As investors, the public and government strive to make companies more accountable, evaluation of board performance will become increasingly important. However, at present boards have little knowledge or experience of how to do it. Scarcity of time.
Directors have a limited amount of time to devote to their duties.
Existing board responsibilities can be demanding. Adding new duties for ethics, stakeholder issues or social responsibility requires developing methods that are feasible, efficient, and productive. Clearly no end is in sight to debates of whether directors and boards should involve themselves with ethical, social, or stakeholder issues. Debate notwithstanding, for those who believe the important question is not whether but how, there is important work to be done. Toward an Ethical Basis for Global Business.