Integrity has no expiry date. You’ve either got it or you haven’t.
An honest, diligent company director does not become a crook on the make the moment some arbitrary term limit has been exceeded.
This states the obvious. However, current pressures in the realm of corporate governance and audit practice suggest now’s a good time to remind ourselves of basic principles in the conduct of business and the behaviour of directors.
Inevitably, the implosion of the Steinhoff retail group and revelations about the role of Gupta-linked companies in state capture have raised questions about the ability of current regulation – specifically the King IV guidelines – to combat wrongdoing and sharp practice.
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