Suntarks Company Limited (“Suntarks”) was a company listed on the Stock Exchange of Hong Kong from the 1970s. It had been handed down to the third generation of family management by patriarch Man-kan Wong – first to his uninterested heir Robert and then to his overly ambitious but inexperienced granddaughter, Eva.
This case illustrates what could go wrong when a company overlooks basic principles of good corporate governance. Conflicts of interest and ethical challenges can arise within all levels of a company and can appear within the scope of all of a company’s business activities. Constant vigilance and continuous education are the keys to overcome these challenges.
Enhance the awareness of directors and senior executives of listed companies and related professionals of ethical leadership and of their guardianship role in sustainable corporate development;
Highlight possible corruption risks and ethical challenges faced by the aforementioned persons when performing their duties; and
Sharpen readers’ skills in handling corruption and ethical challenges.