Corporate governance, directors duties, asx, clerp 9, risk management

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Main Corporate Governance Portal Risk Management Portal Australian Risk Services Website Corporate Governance About governance What is corporate governance? Underlying values of corporate governance Characteristics of effective corporate governance How is good corporate governance achieved? Why is it important to Australia? What is best practice corporate governance for you? Public sector corporate governance Special issues for consideration in the governance of not-for-profits Public sector corporate governance Effective corporate governance in public sector What is a councillor's role in governance? Overseas comparison Directors Directors duties Directors duties General duties Theft and fraud duties Securities law duties Insolvency law duties Health and safety and environment duties Antitrust duties Other duties To whom do directors' duties apply? De Facto directors Shadow directors Can liability be restricted or limited in any way? Can a director obtain insurance against personal liability? Local Government Act vs. Corporations Act Remuneration Continuous disclosure Are there any circumstances in which directors are required to disclose information about the company? Annual reporting What is the intended scope of the CEO/CFO signoff? What period of time should the signoff cover? Continuous disclosure Disclosure and transparency obligations Annual report and website disclosure Documentation Significant documents Drivers of reports to the board Characteristics of effective information Categories and classifications of reports to the board Shareholders The rights and equitable treatment of shareholders The responsibilities of shareholders The responsibilities of shareholders Regulations ASX principles What are the ASX Corporate Governance Guidelines? Who will be affected by the ASX Corporate Governance Guidelines? How do the ASX Corporate Governance Guidelines work? Is compliance necessary? Raising the bar Development of the best practice recommendations The essential corporate governance principles CLERP 9 Practical implications What does the Act cover? What does the Act cover? Directors' duties in the light of CLERP and recent legal developments CLERP 9 proposal Risk Management What is risk management? Role of good governance The risk manager's role Business continuity planning What is a risk profile? Business continuity planning Risk Management Services Links Publications Links Contact Us Contact Details Send a message Download business profile About Company Risk Management Services Strategic risk management Business continuity and disaster recovery Safety and environmental auditing and management systems Behavioural culture surveys Help with self insurance Property risk assessments Safety training Risk management training Plant risk assessments Manual handling risk assessments Hazardous substances risk assessments Dangerous goods risk assessments Event risk management Online Shop

CORPORATE GOVERNANCE

Corporate Governance Portal is a new project from Australian Risk Services, click here to go to the main risk management website.

Today, consensus is growing among industrial and transitional countries alike that economic success comes increasingly to companies and countries, that provide transparent and rule of law based commercial environment.

This means good business ethics, good corporate governance and effective commercial dispute resolution, all institutions of rule of law that are attributes of today's most successful economies.

Corporate governance is the term used to describe the rules and practices put in place within a company to manage information and economic incentive problems inherent in the separation of ownership from control in large enterprises. It deals with how, and to what extent, the interests of various agents involved in the company are reconciled and what checks and incentives are put in place to ensure that managers maximise the value of the investment made by shareholders.

The manner in which directors carry out their tasks in a particular corporation may differ significantly depending on the:

size of the corporation;
nature of its business;
distribution of work between the directors and other officers of the corporation; and
financial position of the corporation

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