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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
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 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
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
Persistent link: https://www.econbiz.de/10001373018
The Varieties of Capitalism approach begins from the premise that economic and business systems are organized in different ways in different countries. These systems include liberal market economies and co-ordinated market economies. The literature comparing types or 'varieties' of capitalist...
Persistent link: https://www.econbiz.de/10014218556
Various explanations have been advanced for why shareholder protection looks the way that it does. These explanations include varieties of capitalism, legal origins and various configurations of social interests. When compared with the United States and the United Kingdom, Australian corporate...
Persistent link: https://www.econbiz.de/10013005990
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...
Persistent link: https://www.econbiz.de/10013006670
This article describes and analyses the recent significant increase in Australia of resolutions proposed by shareholders focused on environmental, social and governance (‘ESG’) issues. The research is placed in the context of the legal framework in which shareholder resolutions are advanced....
Persistent link: https://www.econbiz.de/10013225447