What to make of the sacking of prominent academic Judy Tsui Lam Sin-lai by the Hong Kong Polytechnic University?
Tsui was a professor of accounting and vice-president (international and executive education) at the university. She was dismissed, the university says, after an internal audit found she had neglected to declare HK$1.85 million she had received as an independent non-executive director of CLP Holdings and Shenzhen-listed China Vanke.
The university has strict guidelines on declarations of outside earnings and requires employees to pay some of the money to the university.
We were unable to contact Tsui, but it has been reported that she disputes the university's findings and says she has paid what she owes. The university evidently disagrees, given its action.
So what now for Tsui, who has been a keen corporate governance advocate, as indeed has CLP?