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Content Type:
CDM Article
01 May 2010
John M Green
suggests it may not be the proxy advisory firms that are the problem, but some of the institutions that hire them.
Proxy by proxy
During each year’s annual general meeting season, directors come out blasting at corporate governance proxy advisory firms. It’s mostly d...
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Content Type:
CDM Article
01 May 2010
Proxy advisers have come under attack recently, accused of being poorly resourced, not having the expertise to handle complex issues and using a tick-the-box approach.
Tony Featherstone
weighs into the debate and discovers there are two sides to the story.
Too much sway...
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Content Type:
CDM Article
01 Dec 2009
The Productivity Commission is due to submit its final report on executive remuneration to the Government later this month.
Paul Quinn
explains why he believes some of its recommendations need to be reworked.
Making exec pay PC
The reaction to the Productivity Commission’s (PC) disc...
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Content Type:
CDM Article
01 Nov 2009
A peek at some of the issues directors need to consider as we edge into an increasingly carbon-constrained business world.
Climate change update
Corporate Australia has passed a key first hurdle with flying colours as it enters a new carbon constrained world.
The Department of Climate Change’s...
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Content Type:
CDM Article
01 Oct 2009
John M Green
suggests boards ditch the old short-termist penny-farthing corporate model.
Penny-farthing companies
Just as cyclist Lance Armstrong owes the industrial revolution for the penny-farthing, investors should thank it for the freely registrable limited liability corporation.
Sin...
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Content Type:
CDM Article
01 Apr 2009
Tony Featherstone
reminds directors of small companies about the importance of communicating with shareholders.
Encouraging start-up governance
Small listed companies must work much harder to improve investor communications as the bear market drowns out better-performing companies and ki...
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Content Type:
CDM Article
01 Apr 2009
John M Green
warns directors to watch out when a small division or subsidiary is making far more than they expect.
Small but not beautiful
How the mighty can topple over small, seemingly successful things. There’s a lesson in that from the downfall of American International Group (AIG), the...
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Content Type:
CDM Article
01 Sep 2008
Dr Russell Hoye
explores the unique world and challenges faced by directors of professional sport leagues and clubs in Australia.
A different playing field
Australia has, arguably, the most competitive professional sport marketplace in the world, with four major football codes, a natio...
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Content Type:
CDM Article
01 Apr 2008
For several years, companies have been shouting good news to shareholders from the roof tops. With the economic tide turning,
Domini Stuart
provides some tips on how to break bad news gently – and not so gently.
Don’t shoot the messenger
Reporting bad news ...
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Content Type:
CDM Article
01 Mar 2008
A seemingly insatiable hunger for corporate information may be encouraging a tendency towards short-termism. Janine Mace examines whether Australian companies are dishing up too much data to investors on their outlook.
Don’t super size me
The current reporting season has opened on a subdued no...
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Content Type:
CDM Article
01 Feb 2008
Domini Stuart
finds that Australia’s corporate governance rules have diverged from those in the US.
Worlds apart
As recently asthe beginning of this decade, many commentators were predicting a standardised shareholder-centred Anglo-American model of corporate governance. Then ...
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Content Type:
CDM Article
01 Feb 2008
Warwick McKibbin
explains to Giles Parkinson why he doesn’t support the Kyoto Protocol and suggests an alternative solution to Australia’s climate change dilemma.
A Kyoto alternative
Australian National University economist Warwick McKibbin received an invitation to the Bali clima...
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Content Type:
Policy Submission
08 Nov 2007
This submission comments on the PJC inquiry into Shareholder engagement and participation. Updated:16/4/08 with PJC transcript 22/5/08 with responses to questions on notice
Cover Letter for PJC Inquiry into shareholder e...
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Content Type:
CDM Article
01 Oct 2006
Robert Elstone, Elizabeth Johnstone and Charles Macek argue that directors need to be courageous in encouraging management to adopt a long term strategic focus – and not focus entirely on short-term financial performance.
Some challenges for directors in short termism
In previous articles we c...
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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:
Policy Submission
31 May 2006
This submission responds to the Consultation Paper on Corporate and Financial Services Regulation released by Chris Pearce MP, Parliamentary Secretary to the Treasurer in April 2006. AICD's submission covers disclosure, company reporting obligations, corporate governance, fund raising, takeovers and...
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Content Type:
CDM Article
01 Apr 2006
Clarity, simplicity and performance
For business, the turn of the century was a giant rolling wave. It welled up with the first internet boom in the 1990s and then came crashing down over us with the collapses of HIH and Enron, and other disasters around the world. Inevitably, there followed ...
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Content Type:
CDM Article
01 Mar 2006
The Tone at the Top
Michael Wilson questions whether good corporate governance has a direct impact on a company’s value and provides guidelines for effective governance risk management.
Is there a direct link between good corporate governance and valuation? The answer really isn’t clear. There are t...
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Content Type:
CDM Article
01 Feb 2006
Change is inevitable…adapting is crucial
Change has never more been apparent than in today’s corporate arena. People, and the businesses they run, are no longer constrained by the four walls of their corporate headquarters. The phenomena of globalisation, emerging technologies, cultural shift...
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Content Type:
CDM Article
01 Jan 2006
The rules of engagement
Even the most vigilant company can find itself caught in the public firing line as a result of an unexpected crisis. As Bruce C. Wolpe explains, this is not the time to consider ‘hedging the truth’ – especially when it comes to communicating with the media.
While head ...