Original article by Philip Baker
The Australian Financial Review – Page: 29 : 9-Sep-14
Analysis by Credit Suisse suggests that the number of directors on a listed company’s board can influence shareholder returns. The firm concludes that the optimum number of directors for companies with a market value of at least $A5bn is between nine and 11, and 6-8 in the case of those with a capitalisation of less than $A5bn. The majority of companies have 6-8 directors, although BHP Billiton and Crown Resorts each have 13
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