Johannesburg – More than 50% of surveyed audit executives say their work in government and state-owned companies is hampered due to undue influence and interference, affecting good corporate governance.
This is one of the findings of the fifth annual 2017 corporate governance index by the Institute of Internal Auditors of South Africa (IIA SA) released on Wednesday. The survey reflects the views of 281 chief audit executives on the state of corporate governance in South Africa.
Only 53% of chief audit executives in both public and private sectors said that ethics forms an “integral part” of their organisational culture…..more