Non-execs uncovered.
| Position | News Round-Up - Brief Article |
At a time when non-executive directors (Neds) are set to assume further duties and be held accountable under the new Combined Code, fewer than half have personal indemnity insurance, according to the Top Pay Research Group and accountancy firm PKF. Their study has found that Neds in smaller quoted companies are least likely to have insurance. But they do tend to have more influence in the boardroom than Neds in larger firms, so the need for insurance is increased. "it's worrying that so...
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