Survey of directors reveals many believe there is a gap between what stakeholders expect and what directors are able to deliver.
More than half of board directors around the world believe there is a gap between the expectations of a board and directors' ability to oversee a company.
According to a statement from researchers, board members are responding to the gap by investing more time in preparation and looking for information.
The survey—carried out by academics at Harvard Business School, Spencer Stuart, the Women Corporate Directors Foundation and researcher Deborah Bell—questioned 4,000 directors in 60 countries and found 60% believe that there is an expec
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The Financial Reporting Council has launched a project to reshape corporate reporting in response to the "responsible business agenda" and the realisation that reports should be designed for a wider group of stakeholders.