Company boards are stacked with friends of friends so how can we expect change?
- Written by Sherene Smith, PhD student, RMIT University
Social connections drive board appointments and more than two-thirds of directors in the 200 largest public companies are on the board of multiple companies. So whoever replaces ex-AMP chairwoman Catherine Brenner will likely be drawn from a small pool of people.
Brenner resigned after the Financial Services Royal Commission heard AMP had misled...
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