Are busy directors cutting corners or really supermen in suits?
Add BT as a preferred sourceI REFER to "Multiple directorship issue not as big a problem as perceived: study" (BT, Nov 5), on The Singapore Directorship Report 2014 published by the Singapore Institute of Directors (SID) and Institute of Singapore Chartered Accountants (ISCA).
According to the report, only 17.8 per cent of directors hold more than one directorship, and busy directors have better attendance records and are better educated. Based on these findings, SID vice-chairman Adrian Chan was quoted as saying that the issue of multiple directorships "doesn't seem to be as major a problem as we perceive".
Before we can conclude that busy-ness is not a problem, we need to carefully consider the evidence and possible alternative explanations.
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