11 board members connecting S&P 500 companies to the Big 4
This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Eleven S&P 500 board members worked at the same Big Four accounting firm that audits their company. The ties may create conflicts of interest when boards pick auditors and review their work. The new SEC chair soon could revisit which auditor relationships it sees as OK and not OK. Hiring board members with years of experience at a Big Four firm can be a big bo...
Source: businessinsider.com