The realities of a boardroom are different than what many people assume.
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A new study involving extensive interviews with dozens of directors shows that they see their roles as more about supporting executives, not challenging them.
From pandemic to scamdemic.
Between £16 billion and £27 billion is estimated to be unrecoverable from small businesses alone.
Behind the tempting window displays, the financials at Patisserie Valerie were going sour.
Following collapses like cake shop chain Patisserie Valerie, the UK government is trying to toughen up the rules around financial reporting.
Director’s responsibilities are to the company, not the the owners, even if those owners are the government.
The dismissal of a chief executive is seldom given such publicity as has happened in the case of Old Mutual.
The publicity given to the Moyo saga has brought to the forefront some important lessons that should be noted by company directors.
A company director these days is often a skilled professional packing a lot of experience, but these very same factors will count against a director when a court decides a delinquency application.
New AMP chair David Murray has triggered an important debate about ASX corporate governance principles.
The corporate sector owes David Murray a debt of gratitude for starting a debate about ASX governance rules that lead boards to delegate matters that are properly their responsibility.
New AMP chair David Murray’s prescription for corporate governance doesn’t acknowledge the structural drivers of systemic misconduct.
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.
To properly consider climate risks for their business, directors need the financial expertise of accountants.
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.
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.
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.
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.
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 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.
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.
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.
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…