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:
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
The basic precepts of good governance are fundamental to all organisations even though most corporate governance codes focus their attention on listed companies. These include having a board charter, well defined roles and responsibilities for board members, appropriate financial knowledge, and acco...
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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
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:
Director Q and A
31 Jan 2013
The rights of company directors centre on enabling them effectively to perform their duties. Rights are set down in either a company’s constitution or in the Corporations Act 2001’s replaceable rules. This Q&A outlines these directors' rights, including the right to receive internal information,...
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Content Type:
CDM Article
01 Feb 2012
Steven Cole is the author of a white paper, Mind the Expectation Gap, which canvasses the reasons why an “expectation gap” has arisen between what directors do and what the public and law expect from them.
Non-executive directors (NEDs) play a vital role in the prudential governance of cor...
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Content Type:
Policy Submission
14 Jun 2011
This submission responded to ASIC’s request for comments on Consultation Paper 155 – Improving Prospectus Disclosure for retail investors.
Our submission supported clear, concise and effective prospectus disclosure but noted, among other things, that:
• the proposal for mandatory disclos...