The CEO showed sample Board Codes of Conduct and led the board in forging their own.
The report criticized the board's code of conduct as vague, saying that it "reads, for the most part, as a set of recommendations, rather than rules" and that the board lacked effective enforcement procedures.
The former Pakistan captain pleaded guilty to a charge of violating the board's code of conduct.
Individual volumes in this series are supported by a minimum of two members of the editorial board, and a code of conduct mandatory for all members of the board ensures the quality and cutting-edge nature of the titles published under this series.
On Wednesday, Nitschke's legal team – led by Richard Niall QC after the death of Nitschke's former lawyer Peter Nugent last month – said the medical board "misconstrued" its code of conduct when suspending Nitschke's licence, and denied procedural fairness during the November hearing.
The key failure of the Enron board was the code of conduct waiver it provided for a member of management to privately participate in off-balance partnerships in which Enron was involved, a clear management conflict of interest.
In a third of cases (32%), the board took actions other than termination in response to CEO misconduct, such as stripping the CEO of the chair title, removing the CEO from the board, amending the corporate code of conduct, reducing or eliminating the CEO's bonus, other director resignation, and other changes to board structure or composition.
Mr Stonecipher (married, two children) was having an affair with another Boeing executive, a fact the board felt contravened the company's code of conduct.
Given the expectation that all employees will respect Intel's values and adhere to the company's code of conduct, the Board has accepted Mr. Krzanich's resignation".
The Governance Committee will also draft a code of conduct for board members.
