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Content Type:
Media Release
27 Apr 2012
The Australian Institute of Company Directors welcomed draft Federal Government legislation making the governance of superannuation funds more transparent, but said more reform was needed.
These reforms should include giving industry superannuation funds the ability to replace employer and union...
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Content Type:
General
19 Jan 2011
Australia
ASX Corporate Governance CouncilThe objective of the Council was to develop and deliver an industry-wide, flexible framework for corporate governance that could provide a practical guide for listed companies.ANZSOG Institute for Governance Formed in June 2009 with the University...
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Content Type:
General
19 Jan 2011
Australia
(2010) Corporate Governance Principles and Recommendations (2nd ed) Australian Securities Exchange, Canberra
(2005) Corporate Governance Toolkit for Small and Medium Enterprises PricewaterhouseCoopers, Sydney
(2005) A Practical Guide to Corporate Governance - A Reference for Di...
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Content Type:
Director Q and A
04 Jan 2011
There are two types of auditors - external and internal.The board, usually through the audit committee in larger organisations, is responsible for appointing and building effective working relationships with both the external and internal auditors. This Q&A looks at points to consider when deali...
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Content Type:
Director Q and A
04 Jan 2011
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
04 Jan 2011
A productive and harmonious relationship between the board and management is critical for good governance and organisational effectiveness but can be difficult to achieve in reality. The board and management are trying to achieve the same vision and objectives so a partnership based on trust and res...
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Content Type:
Director Q and A
04 Jan 2011
The boards of larger organisations often establish committees of directors to deal with complex or specialised issues and to use directors’ time more efficiently. Committees make recommendations for action to the full board, which retains collective responsibility for decision making. This Q&A d...
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Content Type:
Director Q and A
04 Jan 2011
Company secretaries traditionally have had the role of administering the affairs of the company and the business of the board. This role has now expanded to include an involvement with corporate governance policies and practices within the company. This Q&A outlines their responsibilities as per...
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Content Type:
Director Q and A
04 Jan 2011
Since the global financial crisis, there is an increased expectation that the performance of boards and individual directors will be regularly appraised. This is reflected in Principle 2.5 of the ASX CGC Corporate Governance Principles and Recommendations. This Q&A runs through who and what will...
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Content Type:
Director Q and A
04 Jan 2011
Executive Directors are employees of the company as well as being a member of the Board. On top of their full time executive position, they are appointed by the Board. At law they have the same duties and responsibilities as other Directors. This Q&A runs through the role of Executive Directors ...
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Content Type:
Director Q and A
04 Jan 2011
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
04 Jan 2011
The board has the responsibility of assessing the performance of the CEO and has a vested interest in ensuring the CEO is effective. This Q&A explains the process of how to conduct an appraisal, how often they should be carried out and other considerations to take into account to ensure a good r...
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Content Type:
Director Q and A
04 Jan 2011
The CEO is the more senior executive in the organisation. The Managing Director is also the most senior executive but sits on the Board of Directors as well. This Q&A outlines the main aspects of the MD's/CEO's role and the differences between them as well as executive service agreements and del...
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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 Sep 2010
Euan Campbell
explains why no board can hide its head in the sand when it comes to crisis-management and business-continuity planning.
Crisis denial
In an age where the unthinkable crisis event has become possible, there is an ever-increasing ...
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Content Type:
CDM Article
01 Aug 2010
Do good things come in pairs?
Domini Stuart
investigates whether a two-tiered board would better clarify directors’ roles and responsibilities and help close the “expectation gap”.
Double trouble
A two-tiered board
May reduce NED liability
Could reset directors’ responsibilitie...
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Content Type:
CDM Article
01 Jul 2010
Andrew Douglas
explains why good governance can be a treasure trove of opportunity for SMEs wanting to get serious about their business.
Good governance is good business
Improved productivity, responsiveness and resilience driving greater and more sustainable profits with less risk i...
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Content Type:
CDM Article
01 Jul 2010
A standard for water reporting will soon be released.
Peter Day
,
Jayne Godfrey
and
Sean Hanley
explain how it will work.
Accounting for water
Water is a fundamental resource for all organisations – public a...
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Content Type:
CDM Article
01 Jul 2010
Tony Featherstone
would like to see the junior mining sector take advantage of a once-in-a-generation mining boom to lift its governance to the next level.
Taking junior miners to the next level
The mining boom’s sheer force and its effect on the economy are well known. Less consider...
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Content Type:
CDM Article
01 Jul 2010
Directors may not be up to speed with the latest technology, but they can still help steer IT projects towards success.
Domini Stuart
explains how.
Driving IT success
How to make IT work
Don’t underestimate IT’s importance
Don’t view IT a...