Trust is critical to the maintaining an organisation’s social licence to operate. This new report shows that directors are acutely aware of the need for their organisations to maintain trust with stakeholders amid generally declining trust in all institutions.
This consulation paper outlines proposed reforms that seek to enhance ASIC’s banning power by ensuring that it may take appropriate action to ban senior managers from managing financial services businesses.
This legal opinion on fiduciary duties and climate change was commissioned for a business roundtable attended by senior business leaders, fund managers, legal experts and regulators in Melbourne in October 2016.
It discusses the duty of care and diligence, climate change risk and how...
In this paper I rectify and extend the market governance model of Holmstrom and Tirole (1993) to develop and test a number of hypotheses concerning board structure and incentives. The forced departure of "non-independent" directors from the boards of companies due to regulatory-induced pressure enables...