Board diversity: the international perspective
There are clear benefits, hurdles associated with having foreign directors on board, says TAN YEN YEN
THE oft-argued point of diversity on boards has often focused on skills and gender. Another dimension that is increasingly being sought on some boards is foreign directors who can provide a geographical perspective beyond the company's home base.
Foreign directors are usually found on the boards of companies with global or regional presence and ambitions.
Spencer Stuart's Board Index 2013 reports provide some comparatives of foreign dir…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
US: Wall St opens higher as more earnings roll in
GE Aerospace raises earnings goal on strong engine sales
BRC Asia to buy 19.9% of steel reinforcement company for S$16 million
Lockheed Martin reports higher sales on strong defence demand
UOI reports 67% surge in Q1 profit before tax to S$8 million, driven by favourable market conditions
Euro at highest to yen since 2008, markets nervy over Tokyo stepping in