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Content Type:
CDM Article
01 Feb 2013
Green fingers or a red light? Tony Featherstone examines what formal boards of directors can offer fast-growing entrepreneurial start-up ventures.
Catcha Group co-founder Patrick Grove has one of the better email signatures around. The chairman and deputy chairman of two ASX-listed compan...
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Content Type:
Director Q and A
31 Jan 2013
Directors are known by a variety of names but they all have the same duties and responsibilities regardless of their title. In this Q&A we run through the roles of several types of directors including alternate director, chairman, de facto director, executive director, independent director, lead...
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Content Type:
Director Q and A
31 Jan 2013
Most corporate governance codes focus their attention on listed companies. However the basic precepts of good governance are fundamental to all organisations – having a board charter, well defined roles and responsibilities for board members, appropriate financial knowledge, accountability and trans...
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Content Type:
Director Q and A
31 Jan 2013
Under the provisions of the Corporations Act 2001 there are requirements on who can be a director. This Q&A explains who can be a director, how many directors are needed and situations when directors can be disqualified or removed.
What are the Basic Requirements?
Section 201B of the Cor...
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Content Type:
Director Q and A
31 Jan 2013
A board needs to have a broad mix of skills and experience to be effective. The key goal in selecting directors is to build a mix that can work as a well-rounded team in fulfilling its duties and responsibilities. A formal and transparent procedure for the selection, appointment and re-appointment o...
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Content Type:
Director Q and A
31 Jan 2013
This outlines how many directors companies should have
The company's constitution governs the number of directors and may provide for a variation of that number.
Is There a Prescribed Maximum Number of Directors?
There is no prescribed maximum number of directors. The ASX CGC Corporate ...
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Content Type:
Director Q and A
31 Jan 2013
Advisory boards provide non-binding strategic advice to organisations. Unlike statutory boards required by the Corporations Act 2001, they are informal in nature and therefore have greater flexibility in how they are set up and managed. This Q&A describes the role of advisory boards, when a comp...
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Content Type:
Director Q and A
31 Jan 2013
Succession planning enables an organisation to refresh its leaders in order to continue meeting the challenges of a constantly changing business environment. The aim is to have the right person able to fill the vacancy at the right time so that the board has the opportunity to manage its future need...
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Content Type:
Director Q and A
31 Jan 2013
Directors can resign or be removed from office for various reasons. This Q&A describes the legal issues and required process for the removal, resignation or disqualification of company directors in public and proprietary companies. It also covers casual vacancies and special considerations for e...
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Content Type:
Director Q and A
31 Jan 2013
A non-executive director is a one who is not employed by the organisation in an executive capacity. All directors, whether executive or non-executive, must comply with basic legal requirements under the Corporations Act 2001. This Q&A describes the role of the non executive director and how they...
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Content Type:
General
22 Oct 2012
This submission is in response to the Financial Services Council's (FSC’s) draft Superannuation Governance Policy.
In the submission, we support the FSC’s efforts to improve the corporate governance standards and transparency of superannuation funds. We also encourage the FSC to se...
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Content Type:
CDM Article
01 Apr 2012
Janine Mace explores how Australia’s superannuation pot, with $1.34 trillion in assets under management by 30 June 2011, might be better governed.
For years, the legislation around Australia’s superannuation system has been derided as a moveable feast – constantly changing and difficult ...