Questions directors need to ask themselves about corruption

South Africans need no persuading that corruption is a cancer that eats at the fabric of society. Increasingly, boards are being seen by regulators (and stakeholders more generally) as key actors in the anticorruption playbook.

First off, one needs to understand that corruption occurs when one party gives anything of value to entice a second party to fulfil his or her duties in a particular manner, or when one party solicits something of value to fulfil his or her duties in a particular manner. The relevant South African law is the Prevention and Combating of Corrupt Activities Act (12 of 2004). ..

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