According to the author many of the boards are facing the challenge of convincing the shareholders that their views are represented in the board. The boards would benefit from putting focus on the conditions that the shareholders of the company have of achieving a real influence on the composition of the board.
Major shareholders ought to assist in finding qualified board members, but the result must not be that the individual board member considers itself as a representative of special interests among the shareholders.
Else Nyvang Andersen points out that the institutional investors should be more interested in the boards. In all countries it is up to the national investors to create a corporate governance practice that may enjoy international recognition, and the institutional investors in particular have the responsibility of realising this.
Focus no. 30 can be accessed by clicking here.