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Small-Cap Board Members Face Exposure

Many small-cap companies--those with the lowest levels of market capitalization--are currently facing a Catch-22 situation that impacts members of their boards of directors.

By Crystal Greene | Updated on November 08, 2009

Many small-cap companies–those with the lowest levels of market capitalization–are currently facing a Catch-22 situation that impacts members of their boards of directors.

They need to find ways to cut costs in these tough economic times and yet, when they cut back on or eliminate their directors and officers liability insurance policies, they risk not having a quality board of directors and they put their company’s finances in jeopardy.

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