What can we learn from these events? How can organisations put in place a robust corporate governance structure that works even when business conditions are less than rosy?
The ultimate corporate governance dream is to be “proper and prosper”. Corporate governance and ethics play a fundamental role in driving the responsible actions of an organisation and its leaders and employees.
It may be easy to be proper when you prosper, but what about when things get rough? Do ethics and governance take a back seat when business performance is less than ideal? After the likes of Hyflux and Noble Group, the recent saga surrounding the media circulation numbers of SPH Media makes us ponder again.
