The Importance of Being Independent

Alan Kohler: I suppose I am independent, but I'm not independent because they pay me. But it is interesting how we are overly focused on the independent director model. Like the US still has executive chairs like Jamie Diamond or Rupert. Stephen Maine: If you can only monetize a way of being independent, that would be quite a good thing. Alan Kohler: Long live the independent valuation expert who always happens to agree with what the board who pays them is hoping they say.