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Articles on Corporate governance

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A lack of questioning following a management or committee report would appear to be an important marker for boards. AAP

Why the simple act of asking is every director’s responsibility

Boards of directors are, under most legal regimes, the ultimate decision-making body in corporations. Yet, as researchers, we know surprisingly little about what they do and how they operate. With a handful…
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…
Blindfolded investors: full financial disclosure is not required in superannuation. Flickr/Linzi Clark.

UniSuper benefit warning sparks demand for full disclosure

UniSuper’s admission that a superannuation scheme formerly guaranteed by employers, the universities, is underfunded has sparked angry calls for full financial disclosure to be mandatory, and raised questions…
The Centro case shows there are significant differences between the liability and penalty stages of a trial. AAP

Did Centro’s directors really get off lightly?

The Federal Court ruling in the Centro Properties Group case in June has been viewed by many as significantly raising the legal bar in relation to Australian company directors’ duty of care. Yet the penalties…
News Corp’s decision to move from Australia to the US may have now put it in the firing line.

Heat may spread to News Corp’s home

News Corporation’s 2004 decision to domicile in the US state of Delaware has up to now been highly favourable to the Murdochs. But News Corp may ultimately come to regret its decision as the unfolding…

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