Dr Sudha Mathew, Assistant Head of School of Accounting and Finance, Dr Premkanth Puwanenthiren, Senior Lecturer in Finance and Accounting, and Dr Sheeja Sivaprasad, Principal Lecturer in Finance at the University of Westminster, were quoted in an article by Board Agenda about their study on digital expertise in the boardroom and its impact on companies.
Talking about the study’s findings, the article said: “Academics at the University of Westminster have examined the relationship between digital expertise on boards and its impact on companies. They conclude there are correlations between their presence on boards and several success factors. Indeed, company performance could improve by as much as 5% due to having a digital expert in the boardroom, they say.”
Dr Mathew, Dr Puwanenthiren, and Dr Sivaprasad said: “Our results show that digital expertise on boards is positively associated with firm performance, by the possible mechanisms of improved liquidity and growth as well as reducing business risk. Our study can inform firms of how, and by how much, board-level expertise can increase value.”
Read the full article on the Board Agenda website.
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