The involvement of company directors in previously failed businesses can serve as a vital indicator of potential risks, especially in smaller businesses.
To find out more, including which industries have the highest percentage of failed company directors, check out our Economic Snapshot below:
Behind the Data: The who, what, where, when and why behind the data
Who: The analysis has been compiled by illion’s Head of Analytics Louis Tsang and illion Data & Insights Analyst Janie Chen
What: The analysis utilises the director and adverse data of incorporated companies, and comprehensive industry classification data from the illion Commercial Bureau.
Where: This analysis covers Australia. illion has one of the largest and most comprehensive commercial bureaux in Australia and New Zealand.
When: This analysis includes current directors.
Why: Monitoring a company director’s adverse data is vital, especially for smaller businesses, as a company director’s risk profile is often correlated with the company’s risk profile.
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