{"id":5201,"date":"2006-10-26T00:00:00","date_gmt":"2006-10-26T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"what-are-directors-thinking","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2006\/what-are-directors-thinking.html","title":{"rendered":"What Are Directors Thinking?"},"content":{"rendered":"<p>CFO.com -Most directors seem to be limiting the number of boards they serve on, lately. According to a new study conducted by PricewaterhouseCoopers LLP and <em>Corporate Board Member<\/em> magazine,nearly half of directors (47 percent) sit on only one public company board. Furthermore, 78 percent sit on just one or two boards.<\/p>\n<p>  Surprisingly, although many governance experts have been calling on directors to not over-extend themselves, Catherine Bromilow, a partner with PricewaterhouseCoopers and U.S. leader of its  Corporate Governance Group, questions whether directors are not involved in enough boards. In a press release accompanying the survey results, she asserts, &#8220;This trend poses a two-edged sword. In  the past, we were concerned directors were serving on too many boards. Now the question becomes whether there is sufficient cross-fertilization to leverage knowledge and learn\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u009despecially if  directors are sitting on just one.&#8221;<\/p>\n<p>  The fifth annual survey measures the opinions of over 1,300 directors serving on the boards of the top 2,000 publicly traded companies listed on U.S.-based exchanges.<\/p>\n<p>  The study also found that board members are being held accountable for their involvement. For example, a large majority of boards (86 percent) report that their performance is formally evaluated on  a regular basis. Of that number, nearly six in 10 boards (59 percent) took action or implemented plans as the result of the evaluation.<\/p>\n<p><a href=\"http:\/\/www.cfo.com\/article.cfm\/8074559\/c_8080635?f=home_todayinfinance\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CFO.com -Most directors seem to be limiting the number of boards they serve on, lately. According to a new study conducted by PricewaterhouseCoopers LLP and Corporate Board Member magazine,nearly half of directors (47 percent) sit on only one public company [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5201","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5201"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5201\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}