A powerful bull market invariably hides frayed regulatory processes and haphazard supervision, allowing the watchdog to get away with silence, inaction or mere sabre rattling. Since the markets recovered strongly after a powerful two-day correction (on 21st and 22nd January), many issues raised during the panic will be forgotten again. The US economic situation will be blamed for market...

Personal value systems make up corporate ethics; so lead by example

Early in my career, while working on a culture survey for a client, I understood what strong values mean and the importance of honesty to become truly successful. Here is the story. The CEO of the company came from an entrepreneurial family. His father owned a small factory that manufactured electrical components. The CEO had...