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The Sunday Times: Why my directors are a lot like me

Personal connections are powerful things. Chief executives who have social links to the non-executive directors on their boards are much less likely to be dismissed for poor performance than their unconnected peers, according to research … Even if they are fired, they are more likely to find new, better employment, said Dr Bang Dang Nguyen, the report’s author and finance lecturer at Cambridge Judge Business School…”

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