Survey Results: Delegation of Authority
 1. Who is
responsible for managing your company's delegation of approval authority
process? (Total responses: n=40)
(select only one) |
| n=10 (25.00%) |
Corporate secretary's office |
| n=11 (27.50%) |
Legal department |
| n=5 (12.50%) |
Individual business units are responsible for managing their own
process |
| n=12 (30.00%) |
Finance |
| n=2 (5.00%) |
Other |
2. On what does
your company base its delegation of authority structure? (Total
responses: n=40)
(select all that apply, may total more than 100%) |
| n=36 (90.00%) |
Monetary thresholds |
| n=28 (70.00%) |
Transaction type (e.g. acquisition, capital expenditure,
procurement, etc.) |
| n=0 (0.00%) |
Strategic impact |
| n=6 (15.00%) |
Business risk |
| n=1 (2.50%) |
Time/resource commitment |
| n=3 (7.50%) |
Other non-monetary considerations |
3. Which best
describes your company's approach to delegation of authority?
(Total responses: n=40)
(select only one) |
| n=23 (57.50%) |
We have a single policy that uniformly applies to the parent
company and subsidiaries |
| n=10 (25.00%) |
We have a single policy with unique thresholds for the parent
and/or particular subsidiaries |
| n=4 (10.00%) |
We do not have a single policy and separately address delegation
of authority at each subsidiary |
| n=2 (5.00%) |
Not applicable as our company isn't structured into parent and
subsidiaries |
| n=1 (2.50%) |
Other |
Back to list
|
