In this article we analyse the allocation of responsibilities between the board of directors and senior management in board charters of companies listed on the Australian Securities Exchange. There are several reasons why this research is of interest. First, the allocation of responsibilities...

The Australian Securities and Investments Commission (ASIC) has been responsible for the supervision of Australia's licensed financial markets, such as the Australian Securities Exchange, since August 2010. As part of this responsibility, ASIC has developed market integrity rules (MIRs) with...