Corporate law

Displaying all articles

The captain of the Costa Concordia has been sentenced to 16 years' jail after the ship ran aground off the coast of Italy two years ago. EPA/Luca Zennaro

If a company causes death at sea, don’t assume that means jail time

Late last week, an Italian court sentenced the captain of the Costa Concordia cruise liner, Francesco Schettino, to 16 years' jail after finding him guilty of multiple charges of manslaughter. On January…
A bitter inversion: AbbVie nixed its US$54 billion acquisition of Irish drug maker Shire after the US Treasury eroded the benefits of doing a corporate inversion. Reuters

Need to access cash is driving surge of corporate inversions, not the high US tax rate

Corporate inversions have been front page news in the US for months with everyone from President Barack Obama to the man on the street expressing a view as their usage has surged. Unfortunately, many of…
ASIC Commissioner Greg Tanzer has this week faced the scrutiny of a Senate committee hearing. AAP/Paul Miller

Low penalties, high costs: ASIC needs legislative reform

In 2005, the Federal Court faced the difficult task of arriving at a penalty for Steve Vizard after he was found in breach of his duties as a director of Telstra. In his judgment, Raymond Finkelstein criticised…
Western Governments will be recklessly ignoring their human rights obligations if they continue to support Shell in its US supreme court case. EPA/George Esiri

Oil for lives? When governments help bad corporations

We all know corporations do bad things. Big corporates have been publicly named and shamed for their participation in causing harm to people and the planet, and they are not always held to account. As…
Despite Cameron’s half-hearted efforts, democratisation of listed UK corporations is unlikely. AAP

‘Empowering’ shareholders won’t revolutionise corporate culture

Executive remuneration is out of control in the United Kingdom. The final report by the High Pay Commission concluded that “there is rarely a link between directors’ incentives and the way a company performs…

Top contributors

More