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The enactment of the civil penalty regime in 1993 introduced a new approach to the enforcement of directors' duties by statutory agencies in Australia. The policy considerations that led to the regime, and which continue to inform current policies on corporate law enforcement, require that:...
Persistent link: https://www.econbiz.de/10012960936
The issues of corporate misconduct, its effects and how regulators and other law enforcement actors respond to such behaviour are increasingly contentious in Australia and overseas. In the wake of a succession of scandals in recent years in Australia's financial sector there has been much debate...
Persistent link: https://www.econbiz.de/10012901684
The issues of corporate misconduct, its effects and how regulators and other law enforcement actors respond to such behaviour are increasingly contentious in Australia and overseas. In the wake of a succession of scandals in recent years in Australia's financial sector there has been much debate...
Persistent link: https://www.econbiz.de/10012949041
In the aftermath following the Asian financial crisis, the World Bank prescribed regulatory reforms as a remedy for weak financial fundamentals. These reforms reflect the claims of the strong form legal origins hypothesis that countries with common law legal traditions have stronger investor...
Persistent link: https://www.econbiz.de/10013075042
This article provides a unique investigation of the interaction between sociocultural perceptions of women in Malaysia and reforms adopted in that jurisdiction to promote gender diversity on corporate boards. It adopts a law and social movements perspective to better understand the law reforms...
Persistent link: https://www.econbiz.de/10013212499
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An important debate concerns the meaning of the duty imposed on company directors to act in the best interests of the company. Are shareholders' interests paramount when directors act in accordance with this duty? To what extent can the interests of stakeholders other than shareholders be...
Persistent link: https://www.econbiz.de/10013117064
This report was prepared at the request of the Australian Institute of Superannuation Trustees to assist its members deal with corporate governance issues relevant to the shareholding investment of trustees of Australian superannuation funds. The report: (a) outlines the meaning and importance...
Persistent link: https://www.econbiz.de/10013157962