Friday 18 August 2017

Mrs Justice Susan Denham: Personal codes of honour have vital role in our future

Judge Denham with Justice Minister Alan Shatter: ‘A trail of devastation winds its way into our courts daily. Ireland's judiciary hears the consequences of the boom and bust each day in court’. Damien Eagers
Judge Denham with Justice Minister Alan Shatter: ‘A trail of devastation winds its way into our courts daily. Ireland's judiciary hears the consequences of the boom and bust each day in court’. Damien Eagers

THE courts do not operate in a vacuum; their work is a reflection of a society, a state or an economy. Each year, changes in society impact on the courts in many ways – on how they are managed. In 2012, there were several matters worth noting for policymakers and administrators. At the same time, the courts became leaner, more cost-effective and efficient.

Although company-related debt matters, which lead to winding-up petitions before the courts, and Commercial Court cases are both down by 13pc, it is noticeable that there is a 50pc increase in orders to restrict company directors and a three-and-a-half-fold increase (350pc) in the number of company directors disqualified.

Ethics in the boardroom and in the governance of enterprises, rather than a constant eye on the needs of the shareholders, are the way forward to building trust in our economic sector: to build trust in Ireland as a place to do business.

Please sign in or register with Independent.ie for free access to Opinions.

Sign In

Don't Miss