The criteria against which the ICGN Award is made takes into account whether or not the candidate has made:
- Exceptional achievements in the corporate governance field.
- Contributions to significant improvements of corporate governance practices in one or more jurisdiction.
- A positive impact with long term significance on one or more economies.
- Success in confronting frustrating actions to corporate governance, requiring vision, courage and fortitude.
- Enhancement of their future corporate governance initiatives through such recognition by the ICGN.
The awards are given since 2001; the first receivers being Adrian Cadbury (UK), Ira Millstein (USA) and Professor Hasung Jang (Korea) . For more information, please see the ICGN Web site.