The Way we govern: why the CLERP 9 regulations in Australia may not address governance issues

Nigel Finch

Research output: Chapter in Book/Report/Conference proceedingConference proceeding contributionpeer-review

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 languageEnglish
Title of host publicationProceedings of the Allied Academies International Internet Conference
EditorsJo Ann Carland, Jim Carland
Place of PublicationCullowhee, NC
PublisherAllied Academies
Pages38-42
Number of pages5
Volume7
Publication statusPublished - 2005
EventAllied Academies International Internet Conference - Las Vegas, NV
Duration: 12 Jul 200515 Jul 2005

Conference

ConferenceAllied Academies International Internet Conference
CityLas Vegas, NV
Period12/07/0515/07/05

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