Showing 1 - 10 of 11
Persistent link: https://www.econbiz.de/10001185110
This study is part of a larger international investigation of the effects of a country's legal origins on the style of business regulation. We employ an innovative 'leximetric' methodology to numerically code the protective strength of Australian corporate law for both shareholder and creditor...
Persistent link: https://www.econbiz.de/10013115119
The shareholder and creditor protection indices for Australia are part of a larger international study examining the relationship between a country's legal origins and the extent and character of business regulation, including labour law, and shareholder and creditor protection. The indices...
Persistent link: https://www.econbiz.de/10013089884
This article utilises leximetric analysis, which involves the numerical coding of the strength of legal protections, to show changes in levels of shareholder and creditor protection in Australia for the period 1970-2010. This form of analysis, originally developed by La Porta et al, and...
Persistent link: https://www.econbiz.de/10013089897
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...
Persistent link: https://www.econbiz.de/10012869147
The authors analyse resolutions proposed by shareholders of Australian companies listed on the Australian Securities Exchange for the 10 year period from 2004 to 2013. They investigate the number of shareholder resolutions over time, the subject matter of the resolutions, whether the resolutions...
Persistent link: https://www.econbiz.de/10012978860
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
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
The COVID-19 pandemic has led to some countries, including Australia, enacting temporary changes to their corporate laws to allow virtual meetings of shareholders to be conducted. The purpose of this article is to identify and evaluate the corporate governance arguments arising with a move to...
Persistent link: https://www.econbiz.de/10013242071
A statutory derivative action has been proposed for the United Kingdom and is contained in Part 11 of the Company Law Reform Bill. Australia has had a statutory derivative action for approximately 6 years. This paper outlines the results of the first empirical study of the Australian statutory...
Persistent link: https://www.econbiz.de/10014057143