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Message of acceptable financial behaviour

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Business News | Friday April 27 2012 9:19

Message of acceptable financial behaviour

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There's a warning for those walking the boundary of what's acceptable.

It follows the sentencing of former Bridgecorp director Rod Petricevic to six and a half years in jail.

Otago University professor of management Steven Grover says the financial system is based on trust, and the people running it have a lot more information than investors.

"It does send a strong message to people in business of what is unacceptable behaviour in order to support the financial system as we know it."

Photo: NZ Herald

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