Preying on the fear factor

Risk is about perception. Take a recent Ernst & Young survey looking at board members of the UK's leading 500 companies, which suggests that more than 40% were more sceptical of becoming a non-executive director. This change is due to a change in perceived views of severity and likelihood.

If we had more information about other director risks, perhaps I could be scathing about these shy non-execs' misunderstanding of the facts.

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