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SEC, Udo Udoma and Corporate Governance - The Fact File

Feb 05, 2010   •   by Proshare Research   •   Source: Proshare   •   eye-icon 82 views

Often, we find ourselves in a situation where factors, other than logic influence the decisions we take and this ‘grey’ area of human decision making can go either way –often if it works out well, one is praised andcelebrated but like in most life situations, when it turns out otherwise, we are left to rue the alternatives open to us which we ignored/rejected at the time of making such a decision.I have found this to be true and I face one here as I seek to draw the markets’attention to why it is hugely important to dimension the issues arising from the ‘conflicting status’ of holding the responsibility of a director of a quoted company and serving as the chairman of the Securities and Exchange Commission (SEC) – a position in which the revered Senator Udo Udoma finds himself.

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