Statewide Drive – When Boards fail, investors pay the price

Statewide Drive – When Boards fail, investors pay the price

Statewide Drive – When Boards fail, investors pay the price

I became a member of Jess Maguire on ABC Statewide Drive to discuss how scandals at Super Retail, Qantas and Star Entertainment reveal a disturbing pattern: CEOs who behave poorly and boards that do not act. From cover-ups to ignored red flags, weak supervision has led to billions of fines, lost confidence and damaged ratings. I emphasized that it is often the cover-up that sinks a CEO that boards must demand transparency, independence and stronger governance to protect investors.

Listen here to the full interview of 1:46:00: Statewide Drive – When Boards fail, investors pay the price


More from Davidinvest with Montgomery

Chief Executive Officer of Montgomery Investment Management, David Buckland has more than 30 years of experience in the industry.
David is a very well -informed and very experienced executive for financial services. Before he came to Montgomery in 2012, David was CEO and executive director of Hunter Hall for 11 years, as well as director at JP Morgan in Sydney and London for eight years.

This message was contributed by a representative of Montgomery Investment Management PTY Limited (AFL No. 354564). The main purpose of this message is to provide factual information and not to provide financial product advice. Moreover, the information provided is not intended to give a recommendation or opinion about a financial product. However, each comments and opinion of opinion can only contain general advice that has been drawn up without taking into account your personal objectives, financial circumstances or needs. Therefore, before acting on the basis of one of the information provided, you must consider the suitability in the light of your personal objectives, financial circumstances and needs and you must consider requesting independent advice from a financial adviser if necessary before you make decisions. This message excludes specific personal advice.



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