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Director Q and A
Directors govern companies on behalf of the shareholder who elect them. All directors must comply with basic legal requirements under the Corporations Act 2001 which specifies four main duties for directors with a number of other areas of key responsibility. This Q&A runs through the role of dir...
On 6 November 2009 AICD wrote to the Productivity Commission expressing its views on a set of executive remuneration proposals released by the Commission on 30 September 2009. AICD commended the balanced and factual approach taken by the Commission, but expressed concern regarding some of the propos...
The Australian Institute of Company Directors (AICD) has reminded directors of their responsibility to comply with company policies on share trading during ‘blackout’ periods, after new figures released showing a small number still contravening these policies. However AICD welcomed the downward tren...
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...
Our annual director update is designed to keep you informed of key issues and developments in corporate governance.
Alan Cameron AO FAICD, Director and Chairman of ASX Compliance Pty Limited, discussed the recent legislative and regulatory changes that have occurred over the past 12 month...