Hi how do we know how many directors in the company is sufficient and vice versa? How can we gauge that it’s not insufficient or excessive?
1 Answers
Hi Henry,
I do not have any range on how many directors on the board is good for the company. I usually catch those very obvious one like Super group where they have more than 10 directors which I think is too excessive. Then again, the number of of directors does not determine whether that the company is doing good or bad.
I’m wondering what do you based on if the number of directors are excess or not?
I will say that the usually number of directors on board should be around 5-6 people. Anything more than that should be excess
Okay thanks
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