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Content Type:
Media Release
14 Nov 2012
Director sentiment has reached its lowest level in two years in the face of increasing concerns about the health of the Asian economies and growing pessimism about Europe and the US.
According to the findings of the second half 2012 Director Sentiment Index*, which measures the opinions and futu...
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Content Type:
The Boardroom Report
11 Jul 2012
New liabilities for directors, The growing importance of the audit committee, ASIC's focus for 30 June financial reports, Becoming nimble to market shifts, Balancing transparency and confidentiality
New liabilities for directors
Directors need to be aware of new personal liability ri...
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Content Type:
The Boardroom Report
04 Apr 2012
Directors say no to a budget surplus at all costs, Related party transactions on ASIC's radar, Plugging the gaps in new workplace laws, The keys to success of the world's most admired companies, New ASX check on directors
Directors say no to a budget surplus at all costs
Australia's directo...
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Content Type:
Policy Submission
04 Nov 2010
On 4 November 2010 the Australian Institute of Company Directors wrote to the Australian Public Service Commission in response to its discussion paper Proposing a new set of Australian Public Service Values.
Having reviewed the revised set of APS Values they appear appropriate to us, particu...
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Content Type:
Position Paper
19 Jul 2010
The upcoming election (Federal Election 2010) is an important one for our nation. Regardless of which party forms the next government, it is an opportunity to rethink not only the way government approaches some key issues but how it conducts its relationship with business.
The Australian Institu...
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Content Type:
Policy Submission
22 Dec 2009
AICD argues in this submission that the proposed guide has a useful educative purpose but that its limitations should be clearly acknowledged including that it does not represent the law or judicial interpretation. The guide fails to acknowledge at a number of levels the difference between the roles...
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Content Type:
Policy Submission
12 Jun 2009
AICD welcomes the opportunity to participate in the National Human Rights Consultation. The protection and promotion of human rights is a question of national importance for all Australians. We have focussed our comments on those matters relating to directors including the personal liability of dire...
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Content Type:
Policy Submission
02 Jun 2009
PPFs are a form of ancillary trust fund designed to encourage private philanthropy by providing private groups, such as businesses, families and individuals with greater flexibility to start their own trust funds for philanthropic purposes. AICD is concerned that provisions in the Exposure Draft wil...
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Content Type:
CDM Article
01 Aug 2007
A record number of ASIC prosecutions
The Australian Securities and Investments Commission’s (ASIC) has revealed that it was involved in a record number of prosecutions in the financial year to June 2007.
During the 12 months, it successfully prosecuted 561 company officers for 1,133 contraventions o...
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Content Type:
CDM Article
01 Aug 2006
The not-for-profit sector in Australia is both more diverse and much bigger in its economic significance than most people realise. It also involves numerous complex issues for directors. Domini Stuart reports.
No profits but big returns
The economic contribution of the not-for-profit (NFP)...
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Content Type:
Position Paper
23 Feb 2006
This position paper sets out what the AICD believes to represent the expectations of the corporate community in Australia as to the responsibilities and liabilities of a company chairman. It places the Greaves case in context, outlines the role of the chairman, comments on the question of liability ...
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Content Type:
CDM Article
01 Sep 2005
The director duties debate
There is ongoing discussion on director duties and how far they should extend. Bill Beerworth* puts a new twist on an old debate
Generations of lawyers have been taught that directors must discharge their duties in the interests of the corporation. This in t...
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Content Type:
CDM Article
01 Jul 2005
An outline of some of the issues addressed by AICD’s policy department, committees and taskforces over the past month:
The members' voice
An outline of some of the issues addressed by AICD's policy department, committees and taskforces over the past month:
Road Transport Laws...
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Content Type:
CDM Article
01 Feb 2005
Are directors under threat from lawsuits - and is this inhibiting qualified people from joining boards? In a recent paper, Bernard S. Black, Brian R. Cheffins, and Michael Klausner* suggest that the situation is not as dire as some people fear Risky business directors and lawsuits
Are directors un...
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Content Type:
CDM Article
01 May 2004
In directorland it can take years to make it to the board of a public company – if you’re lucky. Lucky? Yes lucky, and well-connected, and well-prepared.
On the reckoning of the eminent panelists at the AICD’s April Director’s Briefing, “it’s a long way to the top” as AC/DC belted out in its gu...
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Content Type:
CDM Article
01 May 2004
Are you a company director concerned about your governance and compliance obligations, and unsure how much you have to do to fulfil them? Managing the obligations
Following the paper trail – How safe is it to rely on those management sign-offs? asks Jon Tyers*
Are you a company director co...
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Content Type:
General
For chairman across Australia:
“ In recognition that chairmanship is now such a vital role – not only to each entity with a board but to Australia’s economy – the chairman’s position description now reads like a rather demanding full-time role.” David Crawford AO FAICD
The role...
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Content Type:
General
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"Being good at whatever you did before doesn't mean you will automatically be a good director. You have to be prepared to...