Good NZ directors too wary of joining SME boards, FMA's Everett says

Mon, 30 May 2016

By Paul McBeth May 30 (BusinessDesk) - New Zealand's small- and medium-sized businesses are struggling to attract high-quality directors to their boards, leaving a gap for firms just when they need an experienced hand on the tiller, Financial Markets Authority boss Rob Everett has warned. Speaking at a media briefing in Auckland last week, Everett said the Financial Markets Conduct Act hadn't led to the feared chilling effect claimed by business lobbies that talented leaders would turn their backs on governance roles, with large companie...

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