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Content Type:
Policy Submission
15 Nov 2010
On 15 November 2010, the Australian Institute of Company Directors wrote to the Department of Health and Ageing in response to a Discussion Paper “Medicare Locals - Discussion Paper on Governance and Functions”. The submission set out our views on various governance aspects of Medicare Locals. In p...
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Content Type:
CDM Article
01 Jun 2010
Senior directors discussed the ins and outs of resigning from a board gracefully at the
Company Directors Conference, Directorship:10
in Christchurch, New Zealand, in May.
Should I stay or should I go?
Like many other experienced dire...
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Content Type:
Media Release
04 Dec 2009
The Australian Institute of Company Directors (AICD) today welcomed proposals from the Australian Securities Exchange (ASX) on share trading by company directors and key management personnel.While a less prescriptive “if not, why not” approach, with guidelines enshrined in the ASX Corporate Governan...
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Content Type:
CDM Article
01 Dec 2009
The Productivity Commission is due to submit its final report on executive remuneration to the Government later this month.
Paul Quinn
explains why he believes some of its recommendations need to be reworked.
Making exec pay PC
The reaction to the Productivity Commission’s (PC) disc...
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Content Type:
CDM Article
01 Nov 2009
Michael Kingston
provides some recent examples of how ASIC has used enforcement to promote good governance.
Enforcing good governance
The Australia Securities and Investments Commission (ASIC) and AICD share a similar goal – to achieve the highest standards of governance and directorship...
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Content Type:
CDM Article
01 Oct 2009
Most directors will face a conflict of interest at some time in their careers.
Domini Stuart
investigates how they could arise and how they should be handled.
The black, white and grey of conflicts of interest
Key Points
Most directors will face a conflict of interest at some po...
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Content Type:
CDM Article
01 Sep 2009
Professor Bob Baxt
reviews a recent case that exposes the difficulties of superimposing personal obligations in the context of a company structure.
The doctrine of equitable contribution
It is a trite observation that under Australian law, when a company is created, even though the compa...
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Content Type:
Media Release
30 Jul 2009
Implementing recommendations to ban director share trading within arbitrary blackout periods and force disclosure of director margin loans could have a detrimental impact on the important alignment between the interests of directors and investors, the Australian Institute of Company Directors (AICD)...
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Content Type:
CDM Article
01 Jul 2009
Swimming between the flags
The market downturn has highlighted how exposed many Australian retail investors are to flawed business models and failed investments. In too many cases this has caused them devastating financial losses.
There are many dimensions to poor financial outcomes for retail inve...
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Content Type:
CDM Article
01 Aug 2008
There’s no hiding behind the title of advisor.
Ben McLaughlin
and
Antonia Abelson warn that being on an advisory board may come with fiduciary obligations.
The dangers of advisory boards
We predict a growing trend in Australia for people to be invited to join an advisory...
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Content Type:
Policy Submission
28 Sep 2007
This submission comments on APRA's proposed amendments affecting independence, conflicts of interest, board renewal and other matters.
Governance For APRA regulated Institutions_Letter Governance For APRA Regulated Institutions
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Content Type:
Position Paper
04 May 2007
This position paper addresses issues associated with director resignations and removals. A director is appointed by the shareholders of the company and can only be removed by those shareholders. Circumstances can arise which lead a director to consider resigning from the board. The decision to do so...
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Content Type:
CDM Article
01 Apr 2007
Takeover offers often give rise to significant conflicts of interest for senior management. Colin Galbraith examines the issues these situations give rise to for directors.
Changing control can cause conflicts
Conflicts of interest and duty affecting directors and senior management in corporat...
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Content Type:
Media Release
17 Jan 2007
Director ConflictsDirectors warned to exercise caution during boom times
Directors need to know their obligations during boom times
Directors of Australia’s listed companies need to exercise caution and to pay particular attention to their corporate governance procedu...
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Content Type:
CDM Article
01 Aug 2006
There is continuing debate over the wisdom of appointing executives to the board – Helen McCombie outlines some advantages and disadvantages of having members of a company’s management team as part of the board.
Be prepared if management comes on board
Most corporate regulation in recent ye...
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Content Type:
CDM Article
01 May 2006
Professor
Bob Baxt
provides an overview of recent court decisions affecting the role and responsibility of directors. Many of the matters examined in the Law Reporter are discussed in greater detail in The Baxt Report published by Thomson Publishing.
Directors in conflic...
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Content Type:
Policy Submission
18 Mar 2004
1. CLERP (Audit Reform & Corporate Disclosure) Bill 2003 (17/11/2003)
CLERP (Audit Reform & Corporate Disclosure) Bill 2003 Submission to Parliamentary Joint Committee on Corporations and Financial Services
2. CLER...
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Content Type:
Position Paper
31 Jan 2002
This protocol, in general terms, outlines the principal legal duties (obligations) of company directors. AUSTRALIAN INSTITUTE OF COMPANY DIRECTORS GENERAL PROTOCOL FOR COMPANY DIRECTORSThis protocol, in general terms, outlines the principal legal duties (obligations) of company directors.It does not...
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Content Type:
Position Paper
01 Dec 2001
The Best Practice Guidelines for Research Integrity have been developed by the Securities Institute and the Securities & Derivatives Industry Association to assist analysts and their firms in managing potential conflicts of interest which may influence research reports and investment recommendat...