Managerial Wisdom in Corporate Governance: The (Ir)Relevance of Accountability and Responsibility at Corporate Boards

Our capitalist market system today has been characterised by the sins of arrogance, greed, untrustworthiness and callousness. Is it possible that wise decisions — that is, making ‘right’ judgments that lead to good actions and beneficial results — may be able to help in addressing the daunting challenges of our corporations within the prevailing market mechanisms?