Two in five directors of blue-chip companies still lack “skin in the game” despite a rise in the number of board members owning substantial parcels of shares in the businesses they oversee.
A survey of Australian boardrooms also found that of the 22 directors of ASX 300 companies who were paid more than $1 million last year, only three were female.
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Sally Patten edits BOSS, and writes about workplace issues. She was the financial services editor and personal finance editor of the AFR, The Age and the Sydney Morning Herald. She edited business news for The Times of London. Connect with Sally on Twitter. Email Sally at spatten@afr.com
