Five Questions the Board Should Ask to Prevent Executive Fraud
Fraud and corruption pose serious business, as well as legal, risks—particularly, it seems, in Africa. A 2011 Economist Intelligence Unit survey of corporate executives reports that Africa has the ‘highest incidence of fraud among any region, with 85% of respondents falling victim of fraud in the last year.’ Transparency International’s Corruption Perception Index shows that sub-Saharan Africa is one of the most corrupt regions in Africa.
StoneTurn’s Jonny Frank, in conjunction with Mike Roos of Barnstone, provides Directorship with an overview of the questions corporate board members should be asking to help prevent and detect fraud within their company.
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