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Content Type:
Director Q and A
31 Jan 2013
The chair acts as an important link between the board and the CEO/company. The role of the chair is not defined in the Corporations Act 2001. Thus many functions of the chair are customary rather than formalised by law. This Q&A outlines the role and responsibilities of the chairman both inside ...
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Content Type:
Director Q and A
31 Jan 2013
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
31 Jan 2013
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:
CDM Article
01 May 2009
Tony Featherstone
argues that entrepreneurs need to be taught to think about boards much earlier in their venture’s development.
Encouraging start-up governance
I recently asked a group of entrepreneurship students about their views on boards. The response: complete silence. To be fair, ...
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Content Type:
CDM Article
01 Aug 2008
Ken Moss
discussed the role that power and authority play in a board’s relationship with its CEO at a recent AICD lunch in Perth. Here’s an excerpt of what he had to say.
Power and authority in the boardroomMany political figures have hung onto power for perhaps too long, including the li...
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Content Type:
CDM Article
01 Aug 2006
Boards share equal and collective responsibility
Jeff Lucy, the chairman of ASIC, is someone who commands a good deal of respect at AICD. However, we disagree profoundly with him with regard to his views on the Greaves case, expressed in a letter to the Australian Financial Review on 30 May. (A ful...
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Content Type:
CDM Article
01 Jun 2006
Directors cannot afford to be ignorant of development in IT – but they should concentrate on the business case for implementing new technology and not be overwhelmed by confusing jargon. Domini Stuart reports.
Coming to grips with IT
As recently as the seventies, IT was nothing more than an ex...
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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 Jun 2005
The first and often only reaction from governments to abhorrent corporate behaviour - however isolated the incident - is to enact new legislation and give the regulators more power. But has this rush to legislative judgment gone too far and become a threat to the economy and an unforeseen cost burde...
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Content Type:
CDM Article
01 Jun 2005
We have said earlier that the duties of directors are well defined in the law and don’t need change. Let’s consider some consequences of the duties.
Directors have a collective responsibility for the company as a whole. Shareholders put the fate of their company in directors’ hands. Through the CEO ...
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Content Type:
CDM Article
01 Jun 2005
The chief executive "drives the bus" and the chairman "collects the fares". This the shorthand description Malcolm Irving, chairman of e-payments company Keycorp, ascribes to the crucial relationship between chairman and CEO at a Directors Briefing in Sydney in April. The crucial CEO/chair dynamic
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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:
CDM Article
01 May 2004
The leadership of the chairman is critical when there is dissension on the board. A good chairman can make the difference between a board continuing to function as an effective unit or being torn apart by conflict says Pamela Murray-Jones, general manager National Education
Talking Shop
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