Historically, the evolution and growth of American corporate law has occurred with only limited and sporadic attention to international corporate governance regimes. This article considers some possible reasons for the relative lack of attention in the United States to international corporate...

In 2000, the basic regulatory structure of Australian takeover law was radically altered, when the role of arbiter of takeover disputes was shifted from the courts to a specialist commercial body, the Takeovers Panel. In an early decision in 2001, Pinnacle No 8 (discussed in Hill and Kriewaldt,...

One of the perennial questions in corporate law is how much deference should be given to directors' judgments. The introduction of a statutory business judgment rule in Australia in 2000 was designed to bolster the autonomy and discretion of the board. At the same time, however, an intriguing...

This article, originally prepared as a Research Paper for Australian institutional investors (Australian Investment Managers' Association Research Paper #1/96), outlines a range of issues in contemporary debate on director and executive compensation, with particular focus on the importance of...

In the late 1990s, it was announced that Australia would introduce legislation to respond to an OECD Convention for criminalizing bribery of foreign public officials. This was part of a coordinated international OECD initiative. The US had already addressed such issues two decades earlier under...

The problem of executive compensation was an underlying theme in international corporate scandals epitomized by Enron in the US, Parmalat and Vivendi in Europe, and One.Tel in Australia. There has been a wide array of regulatory responses to these scandals across jurisdictions, with varying...

The adequacy of creditor protection is an on-going issue in corporate law. The traditional vulnerability of creditors can be traced to an entity theory of the corporation, coupled with limited liability. Creditor vulnerability is exacerbated by the existence of the corporate group, which has...

The problem of executive compensation was an underlying theme in international corporate scandals epitomized by Enron in the US, Parmalat and Vivendi in Europe, and One.Tel in Australia. There has been a wide array of regulatory responses to these scandals across jurisdictions, with varying...

The Enron and WorldCom collapses mirrored a global phenomenon, which included scandals in the UK, Europe and Australia, where the collapse of the HIH Insurance group constituted the largest corporate failure in Australian history. These scandals, and the international regulatory responses to...

The collapse of Eastern European socialist economies was a key developments which brought comparative corporate governance issues to the forefront in the early 1990s. It also provided the basis for a unique corporate governance experiment, designed to transform Russia into a US-style market...