Opinion
Three things directors must learn from a time of scandals
A board director’s job is getting more complex. But they need to maintain their own clear lines of sight into the businesses they oversee.
Mark RigottiCompany directors advocateThe market has seen corporate governance firmly back in the spotlight over the past year, and not in a way that makes comfortable reading for Australian directors.
Since the financial services royal commission, there has been a marked shift in views on corporate accountability for when something goes wrong; whereas previously damage could be cauterised at the senior executive or CEO level, increasingly shareholders and influential stakeholders expect the board to take ultimate responsibility.
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