Our report – PULSE – of our triannual QCA/BDO Small and Mid-Cap Sentiment is now out. While we continue to track key components of business sentiment this issue, we also asked for your views on non-executive directors, board composition and board evaluation. Highlights from the results include:
- Confidence in the UK economy picks up. 80% of small and mid-cap quoted companies are optimistic about the UK economy over the next 12 months, a significant uplift from the 62% reported in the previous issue.
- Do NEDs provide value for money? 83% of companies feel they receive good value from their NEDs compared to only 41% of advisers that think the same.
- Companies are evaluating their boards more often than required. 60% of companies evaluate their board every year, whilst 45% of advisers indicate that they should do so.
Thank you to those that participated in the survey. We welcome your feedback on any aspects of the survey, the report, or relevant issues affecting the sector – please email us.