Politicians are often lambasted for having their fingers in too many pies, but corporate executives often escape such scrutiny and criticism, despite some being multiple and serial directors throughout their careers—moving from one company to the next, and very often working for rival firms.

This month, Ireland’s Institute of Directors (IoD) released a report on boardroom behaviour. Called Tone from the Top, the report discussed the approaches to ethics that companies in Ireland are taking to promote good corporate governance, while also highlighting some key areas of concern—one being identifying and managing potential conflicts of interest.

Neil Hodge is a freelance business journalist and photographer based in Nottingham, United Kingdom. He writes on insurance and risk management, corporate governance, internal audit, compliance, and legal...