The performance of the Company is intricately linked to the CEO’s performance and inevitably, the CEO’s performance (or a lack thereof) is measured against the Company’s performance. Thus when CEOs stumble or fall, they pull their companies down with them. Whilst the Board should not bear down on the CEO or tele-guide her, it has […]
“Good corporate governance is about ‘intellectual honesty’ and not just sticking to rules and regulations, capital flowed towards companies that practiced this type of good governance.“ – Mervyn King (Chairman: King Report) A lot has been said about the desirability of institutionalizing a mandatory regime of Corporate Governance as the optimal panacea for corporate failure. […]