Should CFOs directly report to the board?

Monday, 30 September 2013 01:25 - - {{hitsCtrl.values.hits}}

A close look at major corporate scandals around the world has its roots in corporate finance, compliance and/or governance. This is despite the ever-tightening compliance and reporting protocols. It is here that the CFO has a much bigger role to play than the conventional treasury and reporting functions Should CFOs directly report to the board, at least in public quoted companies, so that there can be neutral challenging and check on how shareholder wealth is being managed by the business?

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