If a company or someone chooses to pay bribes, it is their choice and they should face the consequences if they are caught. But they should not brazenly proclaim that they have integrity if they do so. That’s just hypocrisy.
Read MoreThose paying higher director and key management remuneration tend to be less transparent
Read MoreNote: Someone asked me about other articles I have written on bribery and corruption. I have posted another one below that I have found in my collection which was published more than 7 years ago, about bribery and corruption...
Read MoreWhen things go badly wrong, such as in the recent Keppel Offshore and Marine (KOM) scandal, which has resulted in a US$422 million penalty being imposed, a common response of the board of directors is: “We did not know”.
Read MoreWhy was the board in such a hurry that it took just five days to almost completely re-constitute the board (without the involvement of any of the former independent directors) and complete the acquisition? Was there a pre-Christmas sale that the board needed to take advantage of? Did it come with free gift-wrapping?
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