Directors of corporations governed by a single board (i) Have excessive and unethical powers to become quot;Sources of riskquot; and (ii) Lack processes to systematically obtain information independently of management on the Strengths, Weaknesses, Opportunities and Threats (SWOT) of either their...

Directors of corporations governed by a single board are exposed to (i) reputational risk with personal liability from possessing absolute power to manage their own conflicts of interest and (ii) absence of power to systematically obtain information independently of management on the Strengths,...

The paper identified ways in which corporate governance reforms are failing and how this situation can be corrected. A basic problem is that corporate governance is not described in outcomes that can be measured but in unmeasurable terms of principles, practices and processes. This means that...

This paper uses data rather than costs as the unit of analysis to answer questions raised by Luigi Zingales (2000) searching for quot;new foundationsquot; in The Theory of the Firm. Any co-ordination between individuals requires communication of data to share information, knowledge and wisdom....

This paper describes how governments and regulators could introduce selective de-regulation based on exempting corporations from existing practices when they amend their constitution to provide superior outcomes for investors and other stakeholders. An example is presented on how a company...

A case study is presented on the irrelevance of corporate governance quot;best practicesquot; in avoiding: major financial losses, identifying fraud, avoiding interventions by a regulator and the loss of reputation. As a result of a junior whistle blower the National Australia Bank (NAB)...

The objectives of the paper are to show how the sustainability of urban settlements can be improved by treating as a variable the design of: (a) property rights to realty, corporations and currencies and: (b) their communication and control governance architecture. System science provides the...