Director Optimism Falls In September Poll
Latest poll shows boardroom optimism sliding as directors brace for a recession, but the expected trough may be less severe than previously anticipated.
Launched in the third quarter of 2020, the Director Confidence Index is America’s first monthly pulse survey of public company board members on their perspective of the economy and how policies and current events are affecting the companies they oversee. Every quarter, Corporate Board Member and Diligent partner to ask thousands of public company directors the same three questions regarding their confidence in the current business environment, their outlook for the economy 12 months from now, and their projections for their board company’s revenue, profit, capex and cash/debt ratio for the year ahead. Supplementing those three questions are questions on current events, as they pertain to corporate strategy and governance.
Participation in the poll is reserved exclusively for directors of publicly traded companies, across all sectors and market capitalizations.
The survey fields during the last week of the month and only remains open for 48 hours, thus making for a very timely assessment of sentiment. The data is then compiled and analyzed to establish trends and calculate the Index’s weighted averages. The results are released the following Thursday on BoardMember.com, with exclusive comments and insights from hundreds of participating directors. Unless otherwise explicitly agreed upon by the respondent, all responses are kept confidential to allow board members to share their perspective in a respectful, truthful, unbiased and collegial setting.
For more information about the Index and the different research programs we run, please contact our Research team at research@ChiefExecutiveGroup.com
Latest poll shows boardroom optimism sliding as directors brace for a recession, but the expected trough may be less severe than previously anticipated.
The latest reading from the Director Confidence Index shows director optimism rising for the first time in seven months, despite a growing number of directors worried about recession in the near term.
As talent challenges and shareholder pressure continue, recent CBM research shows great majority of directors now oversee employee welfare as part of the overall strategy.
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