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How theft case helped reform corporate world

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Shareholders at a bank AGM. Boards are put in place to protect the interests of shareholders, not chief executives. Photo/FILE

Shareholders at a bank AGM. Boards are put in place to protect the interests of shareholders, not chief executives. Photo/FILE 

By Sunny Bindra  (email the author)
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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.

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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.

www.sunwords.com

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