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The value of non-executive directors to small and medium size enterprises, including a gender perspective

Durbin, Susan; Schedlitzki, Doris; Adelopo, Ismail; Warren, Stella

Authors

Susan Durbin Sue.Durbin@uwe.ac.uk
Professor in Human Resource Management

Doris Schedlitzki Doris.Schedlitzki@uwe.ac.uk
Associate Professor in Organisational Leadership

Ismail Adelopo Ismail.Adelopo@uwe.ac.uk
Associate Professor in Accounting and Finance



Abstract

The role and value of NEDs is well defined within listed companies but little is known about NEDs in the SME market. Given the importance of SMEs to the economy and the need to support their growth and development, TLT, ACCA, Transpire and Practice commissioned this report to address the following six key factors relating to the value of NEDs in SMEs:
•What is the need for NEDs in the SME market?
•What is the recruitment process for NEDS and who determines who is hired?
•How are NEDs integrated into the board/company, for example, through networking, mentoring, and induction programmes?
•What does a NED role entail in an SME?
•What are the challenges for NEDs and their organisations?
•What are the terms of engagement in relation to NEDs?

Report Type Project Report
Peer Reviewed Not Peer Reviewed
APA6 Citation Durbin, S., Schedlitzki, D., Adelopo, I., & Warren, S. The value of non-executive directors to small and medium size enterprises, including a gender perspective
Keywords non-executive director, small and medium sized enterprise, NED, SME

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