Companies Most business leaders wary of ‘reputational risk’ of serving on state boards
Six in ten directors and business leaders see personal or reputational risk as the main deterrent to serving on state boards, according to new research. A survey of 382 company directors and business leaders published on Monday by the Institute of Directors Ireland found that three in five were concerned about potential reputational damage from sitting on the board of a state body.
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Survey reveals personal or reputational risk as main deterrent for sitting on State boardsAlmost two-thirds of directors and business leaders have cited the “personal or reputational risk” as the main deterrent to sitting on State boards, according to a survey by the Institute of Directors (IoD) Ireland. The finding comes amid the ongoing payments controversy at RTÉ, which last month resulted in the departure of chairperson Siún Ní Raghallaigh, who was appointed in late 2022.
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