The Eversheds Board Report has been published (but is not yet available in full online). A summary of the report's findings has been published here. Based on a study of 250 of the largest companies in Europe, the US and Asia Pacific between October 2007 and December 2009, the report argues that smaller boards (11 is said to be the optimal size), more female directors and a higher proportion of independent directors, are the "key boardroom components for company success".Update: the report is not being made available online - which makes it difficult to comment in detail - but copies can be requested by following the instructions here. Main conclusions have been published here and include the finding that there is a positive correlation between share price performance and the number of independent directors on company boards. The question remains, of course, whether the components identified are causative of company success; correlation does not necessarily imply causation.
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