Remuneration and performance of boards of directors has been the subject of extensive conceptualisation and empirical research over many years. Internationally most of this research has dealt with European and American based companies. Alternatively, and particularly in Africa, it has focused on listed companies and public entities.
“This has left a huge knowledge gap regarding non-listed African board practices, particularly relating to privately-held company and family business board fees,” said Carl Bates founder and chief executive of Sirdar Group.
Sirdar Group, Africa’s leading educator, appointer and guide to high-performance boards of privately-held companies and family businesses has decided to fill that gap. “With the launch of this research project we are seeking to address this chasm in the research” Bates stated. “Specifically, we want to support the achievement of meaningful economic impact by companies across the continent through supporting their ability to have truly high-performance boards. This research is one aspect of enabling this to happen.”
The research will provide high-level understanding for privately-held and family companies, shareholder-managers and non-executives directors on three subjects:
- The fees payable to the non-executive and independent directors of privately-held and family companies across Africa
- The diversity of board structures of such African companies
- The perceived performance of these boards.
Launched on 10 April 2018 this survey-based research is aimed at collecting data from board members of privately-held and family businesses across Africa for analysis. Directors and companies wishing to participate in this exciting journey and obtain a complimentary copy of the report can do so by completing the survey on the following link: https://sirdargroupafricanboardsurvey.evalandgo.com/s/?id=JTk2bCU5M28lOUElQjA=&a=JTk1cCU5OGwlOTglQjE=