{"id":10794,"date":"2014-04-07T09:00:27","date_gmt":"2014-04-07T13:00:27","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=10794"},"modified":"2014-04-07T06:43:25","modified_gmt":"2014-04-07T10:43:25","slug":"the-economics-of-boards-of-directors","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2014\/the-economics-of-boards-of-directors\/","title":{"rendered":"The Economics Of Boards Of Directors"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2014\/04\/040714_1041_TheEconomic1.jpg\" width=\"640\" height=\"318\" \/><\/p>\n<p>Those who sit on a company&#8217;s board of directors are expected to provide guidance about big strategic questions. Jason Karaian took a look at some of the studies done on effective boards:<\/p>\n<ul>\n<li>Being a non-executive director is a nice job. For about $250,000 all you have to do is attend eight meetings a year \u2013 although you are responsible for a lot of the company&#8217;s steps (and missteps.)<\/li>\n<li>The average board of directors has nine individuals on it.<\/li>\n<li>The companies that perform the best generally replace a director, on average, once a year.<\/li>\n<li>This means that an individual sitting on the board should stick around for about nine years and then move on.<\/li>\n<li>According to one study 35% of board members feel that one of their colleagues should be booted from the board.<\/li>\n<\/ul>\n<p>Read more about the board of directors, what it does, how it should effectively be managed, and find links to the studies <a href=\"http:\/\/qz.com\/196082\/the-best-performing-companies-boot-out-one-board-member-every-year\/\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/qz.com\/196082\/the-best-performing-companies-boot-out-one-board-member-every-year\/\">Quartz<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Those who sit on a company&#8217;s board of directors are expected to provide guidance about big strategic questions. Jason Karaian took a look at some of the studies done on effective boards: Being a non-executive director is a nice job. For about $250,000 all you have to do is attend eight meetings a year \u2013 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10793,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10794","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"https:\/\/www.Centives.net\/S\/wp-content\/uploads\/2014\/04\/040714_1041_TheEconomic1.jpg","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/10794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=10794"}],"version-history":[{"count":3,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/10794\/revisions"}],"predecessor-version":[{"id":10797,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/10794\/revisions\/10797"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/10793"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=10794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=10794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=10794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}