Evidence to the Banking Royal Commission points to the systemic failings of corporate governance built on the idea of shareholder primacy. It’s time to rethink the unitary board system for a start.
When women make up 30% of boards that’s when it starts having an impact.
Mavis Wong
Michael Gilding, Swinburne University of Technology; Dean Lusher, Swinburne University of Technology, and Helen Bird, Swinburne University of Technology
The only predictor of boards reaching 30% female directors is if it has a director who sits on another board that has already met the target.
To properly consider climate risks for their business, directors need the financial expertise of accountants.
StockLite/Shutterstock
Company directors have been put on notice about their duty to consider and disclose climate change risks. And to do that properly they need to call on the expertise of accountants.
The construction industry is particularly prone to illegal phoenix activity.
AAP/Paul Miller
Helen Anderson, The University of Melbourne; Ian Ramsay, The University of Melbourne; Jasper Hedges, The University of Melbourne, and Michelle Welsh, Monash University
A primary focus on prosecuting those who have committed illegal phoenix activities has not been successful.
Banking inquiries in their current form serve as political theatre, rather than as a genuine form of accountability.
Lukas Coch/AAP
Members of House Standing Committee on Economics should be asking the directors of Australia’s Big Four banks (not the CEOs) different questions, if they really want the right answers.
Research shows independent directors required by the ASX are not acting in shareholders best interest.
Mick Tsikas/AAP
Research shows that having experienced shareholders that use swing trading on boards is better for business, than the independent directors required by the ASX.
Big ideas are more likely to follow when directors look beyond shareholders.
Shutterstock
For firms to survive and thrive, innovation is crucial. Innovative companies can respond to changes in today’s dynamic business environment. Countries and regions that are home to innovative companies…
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…
Commonly held beliefs about what makes a good board of directors are often wrong.
Shutterstock
The Australian Institute of Company Directors is pushing for company directors to be better protected from lawsuits, arguing concern about jail time and fines is impacting director decisions and ultimately…
Sixties style - Mad Men characters Roger Sterling and Don Draper still show men how it’s done in business and politics.
AAP
Labor may have “ditched the witch”, but does the ejection of Julia Gillard from her seat of power close the book on the debate about sexism that she championed and the role of women in leadership? Our…
Boards will need to be ‘six-capital literate’ in order to assess performance, identify risks and develop strategy.
Shutterstock
Paul Druckman, the CEO of the International Integrated Reporting Council (IIRC), recently led the coalition’s global charge on corporate reporting changes to Australia, where he bolstered support and talked…