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Audit committees “lose independence” the longer they serve

  • United Kingdom Image

Sep 07, 2021

Study finds committees in troubled firms have fewer female members, more outside directorships, greater shareholdings and longer tenures.

As the UK moves towards reform of audit regulation there is now much research focused on the work of company directors overseeing the work of auditors. Not all of it comes with good news. A fresh examination of audit committees suggests those whose companies have been hit by scandals possess characteristics that some observers might call deficiencies.

Review the article on the Board Agenda's website.

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