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How theft case helped reform corporate world
Shareholders at a bank AGM. Boards are put in place to protect the interests of shareholders, not chief executives. Photo/FILE
Posted Monday, March 15 2010 at 00:00
A schizophrenic situation at the best of times, so it is really no wonder that so many boards get it wrong from time to time.
A second issue: As Kristie points out, even larcenous leaders can talk the good talk.
Many in leadership positions are extremely manipulative and paint a very deceptive picture of themselves.
Listening to the talk of any leader can be deeply misleading; we must instead focus on their walk.
If a leader preaches accountability and good governance and is simultaneously gorging himself at the company trough as Kozlowski was, then many loud bells should go off.
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