Mark Spinner
The importance of board composition
‘When analysing the better performing banks and financial services companies, the report found they had fewer directors, a higher percentage of female directors and more independent directors.’
Professor John Board
Understanding risk
‘Whilst prudent board members recognised that cautious financial risk management involved sacrificing some opportunities to generate short-term profit, they were often overridden by senior executives ... [who] were confident they could manage their way out of any short-term negative outcomes, and the potential rewards if they were successful were just too tempting to forgo.’