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Seven ways to quickly and effectively onboard new directors

Effectively onboarding new directors As organisations navigate their way through the pandemic it’s more important than ever that new directors...

Time for boards to take succession planning seriously for directors, not just the CEO

This article first appeared in the Institute of Directors Governance perspective series The appointment of the CEO is probably the most critical...

For true diversity boards need to look beyond demographics

For true diversity boards need to look beyond demographics All boards strive to deliver effective decision making that adds value. To achieve...

How the company secretary’s role is set to evolve to continue to add value to the board

The evolution of the company secretary’s role This article first appeared in the European Business Review. The role of the company secretary...

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CORPORATE gOVERNANCE toPICS, cLICK TO EXPAND

What is corporate governance?

Corporate governance is a key tool for optimising company board and management accountability. It provides a framework for a company’s board of directors to manage its relationships with company stakeholders in a fair and transparent way. Read more

What are the primary sources of law, regulation and practice for corporate governance?

The primary source of regulation for corporate governance in Australia is the Corporations Act 2001 (Cth). Corporate governance is also subject to common law principles within the court system. Read more

Who makes up a board of directors?

A board should be structured so there is a balance between executive and non-executive members, there is a majority of non-executive directors, and there is at a minimum a critical mass (at least two for a smaller board) of independent directors. Read more

How are board members elected or removed?

As a general rule, company constitutions and/or shareholder agreements cover resignations and the appointment/removal of directors, as well as procedures for filling casual vacancies when a director leaves the company. Read more