Describe some of the likely content for a conflict

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The Board discussed nepotism, as something frequently mentioned in a former family-run company.

Question: Pay some attention to the CFO's question as you answer this.

a) Define the two terms:

  • Conflict of Interest Nepotism
  • briefly explaining why neither would be acceptable for a well-governed company.

b) Provide one example each of a Conflict of Interest that could be faced by a:

  • Board member
  • Employee of JKM.

(c) Describe some of the likely content for a Conflict of Interest policy for JKM.

 

Reference no: EM133556250

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