Growing company complexity demanding more time from directors, report finds

Thu, 09 Aug 2018

By Paul McBeth Aug. 10 (BusinessDesk) - New Zealand directors have to devote more time to ensuring the firms they oversee are meeting the growing regulatory demands in an increasingly complex environment, a report shows. A typical director spends 127 hours a year on board matters in what's ostensibly a part-time position compared to 106 hours last year and 88 hours in 2014, according to the Insitute of Directors and EY directors' fees report 2018. EY New Zealand partner Una Diver says that time spent is probably under-reported given dire...

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