Brought to book_4
13 September 2012
Directors are more accountable than ever when a business goes wrong. AT explains the chasm between the unlucky and the outright dishonest.
You do not need to be the chairman of Queens Moat Houses to be disqualified (six years in July 2004) or an Enron director. With an increase in the number of insolvencies will come an increase in the number of directors disqualified (1,594 in 2002). Since May 2003 there has been a government-run 24-hour hotline for people to snitch on delinquent directors, especially...