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We're going to need a larger board.
A larger board serves as a makeshift door.
For corporate governance mechanisms, firms with larger board size are inefficient.
His solution, which requires approval in Albany, is a larger board with shorter terms.
"Washington will remain the chairman of a larger board", he says, hopefully.
Here is a blackboard talk on my own larger board at my home office.
Similar(37)
For example, U.S.-based directors can gain experiences in Germany with larger boards that include worker representatives.
We note that the larger boards in the group (14 members or more) have on average one additional committee compared to the smaller size boards.
Public companies represented in the survey have larger boards than private companies on average 8.9 directors versus 7.6 and a larger representation of independent directors, 74% versus 54%.
Smaller boards, however, seem to outperform larger boards.
Board size seems to matter, however: Larger boards tend to make poorer-quality decisions and lead to worse performance.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com