Policy Papers

Policy positions on governance and director issues

An archive of papers we have published outlining our policy positions.

To find policy papers from previous years, use the 'filter by' button below.

For information regarding our current policy positions, please contact us.

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  • Position paper no 9 Director margin loans

    Date: 21 Jul 2008

    This position paper sets out some of AICD's views on directors and margin loans. Margin lending arrangements play an important role for the purchase of shares. AICD's position is that the regulation of margin loans must not be made so onerous tha...

  • Position paper no 8 NonRecourse Loans Provided to Executives

    Date: 6 May 2008

    This position paper sets out some of AICD's views on companies providing non-recourse loans to executives for the purpose of funding share purchases. AICD considers that such loans do not typically represent "best" corporate governance practice, ...

  • Non Financial Business Reporting response to ICGN

    Date: 18 Apr 2008

    AICD's response to the International Corporate Governance Network (ICGN) consultative document to develop a policy on non financial business reporting (NFBR). AICD strongly  supports the concept of corporate social responsibility, directors take ...

  • A Solvency Based Test for Dividends

    Date: 20 Feb 2008

    This position paper sets out some of AICD's views on the circumstances in which dividends can be paid. AICD has long been an advocate of a change to section 254T of the Corporations Act, to remove the requirement for dividends to be paid out of "...

  • Business Checklist for Commonwealth Regulatory Proposals

    Date: 13 May 2007

    Leading business groups concerned about the growth of red tape recently joined together in an initiative to put federal government performance in cutting red tape under closer scrutiny. The Business Alliance for Red Tape Reform has releas...

  • Resignations or removal of directors

    Date: 4 May 2007

    This position paper addresses issues associated with director resignations and removals. A director is appointed by the shareholders of the company and can only be removed by those shareholders. Circumstances can arise which lead a direct...

  • Good Communication With Shareholders

    Date: 1 Apr 2007

    AICD has developed ten principles of good communication with shareholders. These are designed to provide practical guidance to directors and others regarding the preparation of simplified reports, and follow on from the Shareholder Friendly...

  • Principles of Good Communication With Shareholders

    Date: 1 Apr 2007

    The principles set out in this Position Paper No. 5 are intended to provide practical guidance to company directors and others regarding the preparation of simplified reports in a wide variety of companies, where the intended audience is ...

  • The Application of IFRS to Australian Entities

    Date: 15 Mar 2007

    This position paper sets out some of AICD's views concerning International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB), and their application in Australia.It covers the application of...

  • Employee Share Ownership Plan Guidelines

    Date: 16 Feb 2007

    These guidelines have been issued jointly by the Australian Institute of Company Directors (AICD), the Australian Employee Ownership Association (AEOA) an the Australian Shareholders' Association (ASA). Position Paper No3: Em...

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