When are shareholders empowered to remove directors from office? This is an important governance issue and is related to the balance of power between shareholders and directors. In the case of a public company, s 203D(1) of the Australian Corporations Act 2001 (Cth) provides that shareholders...

Australian corporate law has been the subject of significant reform. This includes: (a) increased duties imposed upon company directors; (b) regulation of transactions between public companies and their related parties; (c) increased disclosure requirements for public companies; (d) new...

This article is the first detailed empirical study of banning orders made under legislation administered by the Australian Securities and Investments Commission (ASIC). This method of enforcement of corporate law has been little researched, yet it is arguably the dominant mode of corporate law...

This paper traces the development of company law during the colonial era in British Malaya, providing details on the laws of the Straits Settlements and the Federated Malay States. It also presents an account of economic development and the use of the limited liability company form in these two...

Recent studies that have measured the levels of shareholder protection in Australia and compared them internationally have highlighted the relative strength of Australian shareholder protection. However, the question as to why this is so remains unanswered. Theories suggest that the development...