-
Content Type:
Policy Submission
15 Nov 2010
On 15 November 2010, the Australian Institute of Company Directors wrote to the Department of Health and Ageing in response to a Discussion Paper “Medicare Locals - Discussion Paper on Governance and Functions”. The submission set out our views on various governance aspects of Medicare Locals. In p...
-
Content Type:
CDM Article
01 Jun 2010
Senior directors discussed the ins and outs of resigning from a board gracefully at the
Company Directors Conference, Directorship:10
in Christchurch, New Zealand, in May.
Should I stay or should I go?
Like many other experienced dire...
-
Content Type:
CDM Article
01 Jun 2010
Gabrielle Upton
reports on a recent panel discussion that focused on what will be expected of directors under new work health and safety laws.
Taking the lead in workplace safety
In December 2009, the Workplace Relations Ministers Council endorsed the Model Work Health and Safety Bil...
-
Content Type:
Policy Submission
07 May 2010
This submission to Treasury is in response to the discussion paper entitled Audit Quality in Australia: A Strategic Review.
As directors are ultimately responsible for the company’s financial reports and for the audit process, the Australian Institute of Company Directors is interested to ensure t...
-
Content Type:
CDM Article
01 Apr 2010
Boards are expected to face mounting pressure to increase non-executive director pay.
Allan Feinberg
provides some tips on how to determine what fees to set.
Paying NEDs their worth
A series of governance disasters over the past two years, most notably at Centro Pr...
-
Content Type:
Policy Submission
02 Mar 2010
We are concerned that current laws on insolvent trading sometimes prevent the best stakeholder outcomes from being achieved. They make trading out of insolvency not only extremely risky but they prohibit it for the directors of a company in solvency stress. Each director faces being held personally ...
-
Content Type:
Policy Submission
26 Feb 2010
The issue of director share trading is central to maintaining the integrity of Australia’s capital markets. AICD believes that the case for a listing rule proposed by ASX has not been properly made out. In support of a less prescriptive approach and the positive impact of strong regulatory oversight...
-
Content Type:
Policy Submission
06 Nov 2009
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...
-
Content Type:
CDM Article
01 Aug 2009
Domini Stuart
investigates whether the rewards still outweigh the risks of being a non-executive director.
Is it worth being a NED?
Key points
Personal liability and reputational risks of being a NED are high
D&O insurance costs are rising and conditio...
-
Content Type:
Policy Submission
31 Jul 2009
On 31 July 2009 AICD provided a submission to the Australian Prudential Regulatory Authority (APRA) in response to the Discussion Paper "Remuneration: Proposed extensions to governance requirements for APRA-regulated institutions" (Issued 28 May 2009). AICD outlined its support for the overall appro...
-
Content Type:
Policy Submission
23 Jun 2009
On 23 June 2009 AICD wrote to the International Corporate Governance Network (ICGN) setting out its views on proposed changes to the ICGN’s guidelines on the remuneration of non-executive directors. In its letter AICD provided feedback on matters such as proposed guidance on minimum director share h...
-
Content Type:
Position Paper
02 Oct 2008
This position paper sets out some of AICD's views on good corporate governance relating to the remuneration of non-executive directors. The paper represents an amalgamation of past comments made by AICD on the subject.
Position paper no 12 - Remuneration of Non-executive directors
-
Content Type:
CDM Article
01 Jul 2008
John M Green
suggests three reforms that the Federal Government could consider in its review of directors’ liability.
If a director’s cap fits
Non-executive directors (NEDs) frequently and loudly fret about liability. Yet, the cases actually launched against NEDs to date are a tri...
-
Content Type:
CDM Article
01 Jul 2007
Professor
Bob Baxt
provides an overview of recent court decisions which affect the role and responsibility of directors. Many of the matters examined in the Law Reporter are discussed in greater detail in The Baxt Report published by Thomson Publishing.
The Vi...
-
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 ...
-
Content Type:
Position Paper
09 Jan 2003
Australian Institute of Company Directors sees the involvement of independent non-executive directors on the boards of Australian publicly listed companies as an essential element of proper corporate governance. It believes that the purpose of corporate governance, to govern the enterprise and rende...
-
Content Type:
Video
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...