New Zealand directors are facing more scrutiny from shareholders in the aftermath of the global financial crisis.
A Deloitte's global survey of directors has found that 83% of New Zealand directors spoken to believe shareholder scrutiny will increase in the next few years.
Deloitte head of audit New Zealand, Peter Gulliver, says the country's regulatory environment has changed significantly in the last year, which has left firms with compliance concerns.
He says directors have become more focussed on the make-up of company boards and ensuring the composition reflects stakeholders.
Mr Gulliver says the survey found that almost half of those spoken to think greater diversity among directors improves a board's performance.
