A strong, independent board brings discipline to how a company spends its cash, a survey found. Photo: SCMP Pictures A strong, independent board brings discipline to how a company spends its cash, a survey found. Photo: SCMP Pictures
A strong, independent board brings discipline to how a company spends its cash, a survey found. Photo: SCMP Pictures

new | Banks lend more to firms with independent boards, US study shows

In the absence of a strong board at the corporate borrower, lenders tend to issue short-term debt

A strong, independent board brings discipline to how a company spends its cash, a survey found. Photo: SCMP Pictures A strong, independent board brings discipline to how a company spends its cash, a survey found. Photo: SCMP Pictures
A strong, independent board brings discipline to how a company spends its cash, a survey found. Photo: SCMP Pictures
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