The effective date for the Revised Principles is a listed entity?s first financial year commencing on or after 1 January 2008.
Where an entity?s financial year begins on 1 January, disclosure will be required in relation to the financial year 1 January 2008 ? 31 December 2008 and will be made in the annual report published in 2009. Where an entity?s financial year begins on 1 July, disclosure will be required in relation to the financial year 1 July 2008 ? 30 June 2009 and will be made in the annual report published in 2009. Listed entities are encouraged to make an early transition to the revised Principles and Recommendations.
The global financial crisis highlighted the interconnectedness of international financial markets and the risk of contagion it posed. The crisis also emphasized the importance of supranational regulation and regulatory cooperation to address that...Read more
The concept of ‘investor protection’ has a long-standing legal pedigree in relation to the business corporation. Since the early 20th century, when Berle and Means famously highlighted shareholder vulnerability in the modern public corporation,...Read more
This study compares CEO employment contracts across two common law countries: the United States and Australia. Although the regulatory regimes of these jurisdictions enjoy many comparable features, there are also some important institutional...Read more
The paper was prepared as the Australian National Report on Corporate Governance for the International Academy of Comparative Law, 18th International Congress of Comparative Law, which was held in Washington from July 25 - August 1, 2010. The...Read more
News Corp. is currently at the centre of a major corporate crisis, which began in the U.K. with the notorious phone hacking scandals, but is now spreading to the U.S. There have been recent amendments to pleadings in Amalgamated Bank v. Murdoch (...Read more