‘Tech emperors’ need effective checks and balances in the boardroom
The increasing complexity of tech firm ownership structures could, if unchecked, impact the ability of boards to provide strong and effective governance.
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While the innovation and brilliance of tech “star founders” and their revolutionising companies have undoubtedly delivered great rewards for many of their stakeholders, they also bring new and uncharted challenges in the boardroom.
Just as public scrutiny is now being focused on some of the more insidious impacts of such companies’ dominance, investors likewise should be paying much closer attention to how effectively (or otherwise) boards are wielding influence on their behalf.
One of the most significant risks is the increasing complexity of company ownership structures, which could, if unchecked, erode the role of tech firm boa
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