In today’s briefing:
- Seeing Disappointing Disclosures Raises Question of What Was the Skill Matrix of Board Directors?

Seeing Disappointing Disclosures Raises Question of What Was the Skill Matrix of Board Directors?
- With about 40% of companies having a P/B of less than 1x, the problem is that many disclosures do not understand management to create value and increase the stock price.
- It’s difficult for investors’ voices to reach small cap companies and companies with still high defensive walls of cross-held shares, which are not easily targeted for investment by institutional investors.
- Independent directors should be appointed with skillset to participate in developing management plans and scrutinize them for reasonableness and whether the projected corporate value is gapped from that of investors.