More worries for CEOs

The arrest of Amway India’s chairman has served to underscore the heightened concern among top level business leaderships over the growing risk of reputational damage. Over a quarter of US executives identified criminal exposure as one of their greatest concerns in the event of an incident or scandal – nearly double the percentage of non-US respondents. Moreover, 58 per cent expressed reluctance to join boards as non-executive directors because of increasing exposure to personal liability, according to international law firm Clifford Chance.