kaal:claim:2922176-031

The authors stipulate a category of director, the feedback provider, defined as a director appointed to supply management with unmediated and relevant input from the market, which is what a firm needs in order to plan for continued relevancy.

Source quote, verbatim

Successful companies have included a diverse range of individuals who are expected to assist management by providing unmediated and relevant input from the market. Such market feedback is highly necessary to identify a plan to remain relevant in the future.

From

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, The ‘Unmediated’ and ‘Tech-Driven’ Corporate Governance of Today's Winning Companies (2017), V.2. Unmediated Board of Directors, p. 40
https://ssrn.com/abstract=2922176 · source PDF

Cite as

Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, The ‘Unmediated’ and ‘Tech-Driven’ Corporate Governance of Today's Winning Companies (2017). SSRN: https://ssrn.com/abstract=2922176

Holds when

directors with technologist, entrepreneurial, or academic backgrounds

Classification

definitionalsupport: arguedcorporate-governance

Verify

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