Appointing the CFO to the board pays off, study finds

05/6/2010 |

Companies with director-CFOs experience fewer internal-control problems and are less likely to restate their results, a study indicates. And there's a benefit to them directly, too: CFOs who held seats on their companies' boards earned 34.5% more than their nondirector counterparts and had longer tenures, according to the study.

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