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A Big Ship Needs Only a Few Helmsmen

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Interview with Agris Bitāns

Kapitāls, Nr.187 July, 2013

Global trends show that smaller Managing Boards of joint-stock companies are able to operate more effectively, although it is important that their members represent different sectors.

Such a conclusion followed from the latest global study by the law company Eversheds in relation to the efficiency of the composition of the Managing Board and the effect thereof on the business results. The study that comprised a period of five years, including the years of the crisis, analysed Managing Boards of 241 business corporations in the USA, Europe, Asia and Pacific region. In addition there were in-depth interviews with managers who represented business companies from different regions, Latvia among others.

Full article in Latvian language available HERE.

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