Having more non-executive directors on company boards only reduces their effectiveness, according to the findings of research that could undermine a key claim of corporate governance activists.
doubt: Alan Walker says belief in the value of non-executive directors could be misplaced. Picture: Gordon Terris
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EXCLUSIVE MARK WILLIAMSON
A study by one of Scotland's most successful pharmaceuticals executives found that increasing the percentage of non-executives cut down on the critical debate crucial to ensuring boards make good decisions.
The results to date also cast doubt on claims that having a wider range of people on boards helps them make better decisions.
