![]() ![]() Most of these microcaps are not included in major indices and many do not have analysts following their performance. The new study, Microcap Board Governance, conducted by Board Governance Research LLC and commissioned by the Investor Responsibility Research Center Institute (IRRCi), examines the governance practices at 160 microcap companies, representing approximately ten percent of all companies with less than $300 million in market capitalization traded on a major U.S. NEW YORK, NY, Aug– A new in-depth analysis of micro-capitalization (microcap) public companies finds that the corporate governance of these companies with less than $300 million in market capitalization differs materially from that of their larger brethren. Webinar to Review Findings on August 22 nd at 4 PM ET Microcap Study Stats: 22% of Boards Studied Have Five or Fewer Directors 61% Have No Female Directors and 70% of Companies with Combined CEO/Chair Have No Lead Director Microcap Boards Smaller, Less Independent and Less Diverse ![]()
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