Posted on 06/10/06
Where's the reckoning?
The separate espionage episodes involving WestJet Airlines Ltd. and U.S. computer giant Hewlett-Packard Co. illustrate once again the need for strong, independent boards capable of ensuring that corporate officers adhere to the highest ethical standards and of taking tough action when they don't. Yet in both cases, it appears the directors would be perfectly happy if the negative headlines went away and they could go back to business as usual. This is simply not acceptable.
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