Directors Duties Results
This page outlines a collection of information on our website regarding directors' duties. You can refine these search results using the options provided in the left-hand menu.
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Content Type:
CDM Article
01 Mar 2013
Michael Tooma outlines the lessons Australian directors can learn from New Zealand’s Pike River Mine disaster that killed 29 miners in November 2010.
At one level, the New Zealand report, Royal Commission on the Pike River Coal Mine Tragedy, reads like so many reports before it – another ...
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Content Type:
CDM Article
01 Mar 2013
Professor Bob Baxt explains how the courts are getting tougher on “white collar” crime and advises directors to ensure they understand their legal obligations, especially the prohibitions against insider trading.
There is little doubt that increasing focus is being placed on the performan...
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Content Type:
Director Q and A
31 Jan 2013
Every company must have at least one director and public companies must have at least three directors. Collectively, the directors are known as the Board of Directors and the Board of Directors acts on behalf of shareholders in supervising the company. This Q&A looks at the key roles performed b...
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Content Type:
Director Q and A
31 Jan 2013
A listed company has an obligation to continuously disclose information which may have an effect on its market price or value. Continuous disclosure is based on the principle that all investors should have equal and timely access to information about a company. This Q&A explains ASX listing Rule...
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Content Type:
Director Q and A
31 Jan 2013
Insider trading is the trading of securities while in possession of information which is not generally available and this is prohibited within the Corporations Act. This Q&A discusses what activities are prohibited, the various exceptions, and the penalties for individuals convicted of insider t...
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Content Type:
General
03 May 2012
Today’s High Court decision overturning a NSW Court of Appeal finding relating to seven directors of James Hardie Industries reminds all directors and boards of their duty to act with care and diligence, as well as the risks involved.
Continuous disclosure remains an extremely difficult area for...
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Content Type:
Policy Submission
11 Apr 2012
This submission, lodged with the Senate Economics Legislation Committee, is regarding the Corporations Amendment (Phoenixing and Other Measures) Bill 2012. The Bill gives ASIC powers to wind up companies if particular conditions are met, allows for the publication of external administration notices ...