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.
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.
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.
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.
Research shows that having experienced shareholders that use swing trading on boards is better for business, than the independent directors required by the ASX.
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 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…
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…