Conflicts of interest Results

• Inside Your Institute Conflicts of interest Aug10

  Content Type: CDM Article

  01 Aug 2010

  Our new e-learning course, Conflicts of Interest, will help you to understand and manage them. Conflicts of interest Conflicts of interest are best thought of as an ethical problem with legal ramifications rather than a strictly legal issue. ...

• Directors Counsel Protecting minorities from raids

  Content Type: CDM Article

  01 Apr 2010

  Professor Bob Baxt reviews a government proposals paper aimed at restricting access to company registers. Protecting minorities from raids The decision of the Full Federal Court in AXA Asia Pacific Holdings Limited v Direct Share Purchasing Corporation Pty Ltd [2009] FCAFC 15 provided a ...

• Directors welcome new ASX share trading rules

  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...

• ASIC Report November 09

  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...

• Feature The black white and grey of conflicts of interest

  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...

• Directors Counsel The doctrine of equitable contribution

  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...

• Resignations or removal of directors

  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...

• Insider Participation in Control Transactions

  Content Type: Policy Submission

  13 Apr 2007

  AICD have made comments on three areas raised in the Takeovers Panel's issues paper, Insider participation in control transactions , addressing potential conflicts of interest and provision of information to potential rival bidders. A common thread to our views is that prescriptive rules are not app...

• Conflicts of Interest

  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...

• Directors obligations during boom time activity

  Content Type: Position Paper

  22 Jan 2007

  This paper has been prepared to examine the major issues and responsibilities of directors during a phase of the market where there is substantial M&A activity and private equity investment. It contains views and background material prepared by AICD. Read the position paper and associated media ...

• Spoken Word

  Content Type: CDM Article

  01 Oct 2006

  As the responsibilities of company directors come under increased scrutiny, Middletons’ partner Adam Levine says ‘grey directors’ need to ensure all the checks and balances are in place if they are involved with the operations of a traditional special purpose vehicle. Grey directors need to ser...

• Law Reporter

  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...

• Auditor independence your obligations Asic Report

  Content Type: CDM Article

  01 Mar 2005

  Did you think auditor independence is strictly for the auditing profession to deal with? Not any more. Auditor independence: your obligations By Greg Pound, chief accountant, Office of Chief Accountant, Australian Securities and Investments Commission Did you think auditor independence is stric...

• CLERP 9 Parliamentary Joint Committee Public Hearing

  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...