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If the Board is thinking about new cars,
for instance, and you have a car
business, you can’t join in discussion or
vote on who the organisation buys its
cars from.
That’s a conflict of interest.
You or a member of your family can’t
gain money or power because of what
you know and do as a Director.
You should also be careful you don’t
use your position on the Board to make
things turn out better for a member of
your family.
Trying to get a job with the organisation
for your brother or sister is using your
power the wrong way.
It’s called
nepotism
and it could get
you sacked from the Board.
Two Way Governance: Presentation 14