Abstract
Corporate governance deals with the legal and organizational structures that determine the way that a corporation is managed and how power is exercised within the corporate entity. Although corporate structures have been around for some time, there are few examples of corporations that have exhibited exceptional behavior in this field.
As corporations fail, attention often focuses on the absence of sustainable corporate governance structures. To this end, regulators have intervened and imposed reforms on the way that corporations are governed In Australia, the latest in a series of attempts to reform corporate governance is entitled CLERP 9.
In this paper, we will exam the historical context of corporate governance, the many factors lie at the root cause of corporate governance issues, the focus of the CLERP 9 regulations, and introduce some other initiatives that may advance self-sustaining and reliable corporate governance.
Original language | English |
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Title of host publication | Proceedings of the Allied Academies International Internet Conference |
Editors | Jo Ann Carland, Jim Carland |
Place of Publication | Cullowhee, NC |
Publisher | Allied Academies |
Pages | 38-42 |
Number of pages | 5 |
Volume | 7 |
Publication status | Published - 2005 |
Event | Allied Academies International Internet Conference - Las Vegas, NV Duration: 12 Jul 2005 → 15 Jul 2005 |
Conference
Conference | Allied Academies International Internet Conference |
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City | Las Vegas, NV |
Period | 12/07/05 → 15/07/05 |