Is director and governance reform a good thing for high-growth and venture capital backed companies?
Accounting | Management

Is director and governance reform a good thing for high-growth and venture capital backed companies?

Among the changes are rules that would make directors of large companies liable should they collapse. Is personal liability for non-executive directors a good thing?  Making directors personally liable for the collapse of companies is an unfortunate attempt to manage the fundamental risk of any corporate body that will have the unintended effect of making…