Sunday, December 22, 2019 6:28:26 AM
"The Wall Street Journal article found that independent outside directors made up 66% of all boards and 72% of Standard & Poor's (S&P) boards. The larger the number of outside board members, the better. This makes the board more independent and allows it to provide a higher level of corporate governance to shareholders, particularly if the position of chair of the board is separated from the CEO and is held by an outsider."
https://www.investopedia.com/articles/analyst/03/111903.asp
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