... important in small‐ and medium‐sized enterprises (SMEs) in the electronic industry. One major reasons for this is the growing complexity and dynamic competitive environments in which these enterprises have operated and managed to find themselves. Mission statements have become a management tool most...

... are not usually keen to be acquired but, in a small firm that is keen to exit, independent directors can play a crucial role in adding value. © MCB UP Limited 2001 Non‐executive directors Small‐ to medium‐sized enterprises Roles In big companies the role of a non‐executive director (NED...