Corporate Corruption: Are we as clean as we seem?

1 March 2012

Recently TI-NZ Chair Suzanne Snively was interviewed for NZ Management Magazine's The Director Bimonthly. 

New Zealand has an almost ‘corruption free’ global business and political reputation. Transparency International (TI), the world’s leading watchdog of corrupt practices, ranks us second only to Denmark as the least corrupt country in the world. But do our corporate directors and boards in particular, deserve this top ranking? Are perceptions and practices in fact aligned? And are our companies becoming increasingly vulnerable to corrupt business practices as we ramp up our dealings with significantly lower ranked, and rather more corrupt international markets?

TI has established a New Zealand chapter, in part because it wants to ensure it has the good oil on our standard of governance and, because it wants to help our boards keep ahead of the game. Suzanne Snively, Wellington-based economist, company director, Fulbright Scholar and former PricewaterhouseCoopers partner, was appointed its chair last year. She talked to The Director’s editor Reg Birchfield about global corruption, our global governance reputation and the plans TI has for lifting the organisation’s best practice profile in New Zealand.

Read the entire article:  Corporate Corruption: Are we as clean as we seem? 

Click here to subscribe to NZ Management Magazine, which publishes The Director Bimonthly.

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