Friday August 7, 2020

State appointees may face conflict of interest

The public interest directors to be appointed by the government to the boards of banks benefiting from the €440 billion state guarantee face a potential conflict of interest, a corporate governance expert has warned.

15th November, 2008

The public interest directors to be appointed by the government to the boards of banks benefiting from the €440 billion state guarantee face a potential conflict of interest, a corporate governance expert has warned.

Alan McDonnell, managing director of Empeira Strategy and Governance Advisors, said directors’ common law duties required them to ‘‘exercise their powers in what they honestly believe to be the interests of the company rather than in the interests of a particular...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 7 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago