There’s a common theme in the rise of class actions against companies: CEOs have not been straight with investors, issuing falsely optimistic information or concealing negative information.
Research reveals a business case for corporate philanthropy.
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Australia’s rules on how investors engage with companies, coupled with the clout of superannuation investor groups, means there’s potential for more shareholder activism.
Commonwealth Bank is just one of a few Australian businesses that have faced shareholder votes against executive pay.
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Hart and Holmström changed the way we think about corporate governance.
Australian banks improved their efficiency after the introduction in 2003 of the ASX Principles of Good Corporate Governance, which aimed for improved governance mechanisms and thus better control over bank management.
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Good corporate governance is good for efficiency and profit in banks. But having independent board members and the number of board meetings don’t play a role, research shows.
Mannequins for sale in the Crawley branch of BHS.
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The pursuit of shareholder value destroys jobs, investment and the long term health of the economy, but as long it is legal Philip Green’s behaviour is just business as usual.
Talking tough against privilege.
Chris Radburn / PA Wire
Research shows that having experienced shareholders that use swing trading on boards is better for business, than the independent directors required by the ASX.
Ringmaster. CEOs are playing to the crowd.
DirkJan Ranzijn
Common mythology holds that shareholders of public corporations choose who sits on the board of directors. Nothing could be further from the truth. Under the laws of most states, directors are automatically…
Ello has become the fastest-growing social network mainly because of its promise to keep itself free of advertising.
Ello
Ello is enjoying its moment of fame – in part thanks to its use of the latest fad in corporate legal structures. The eight-month-old social network is still in beta, and has nothing like the brand recognition…
Activists have a range of options available to them to voice their anger at a company’s decisions.
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As part of its program to cut red tape and bureaucracy, the Australian government is set to repeal the 100-member rule. The rule contained in the Corporations Act forces a company to hold a general meeting…
In times of austerity, one of few things that seems to be booming is the trade in wheelbarrows. At least, company directors at major corporations will need them to collect vast amounts of remuneration…