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Full-Text Articles in Business
Profiling Non-Executive Directors In Australia, C. L. Cortese, G. Bowrey
Profiling Non-Executive Directors In Australia, C. L. Cortese, G. Bowrey
Faculty of Commerce - Papers (Archive)
This paper presents a profile of non-executive directors of Australia’s largest public companies. Using descriptive data, it assesses the extent to which these companies adhere to the requirements set down in the Australian Stock Exchange’s Principles of Good Corporate Governance. In relation to these profiles, the generic roles of non-executive directors are discussed and evaluated in terms of their actual and perceived independence from management. The paper concludes with an examination of the need for independence and questions whether competence, among other characteristics, is a more valuable characteristic of a non-executive director than independence.
The Non-Executive Director Of Australian Statutory Authorities, Graham Bowrey, C. L. Cortese
The Non-Executive Director Of Australian Statutory Authorities, Graham Bowrey, C. L. Cortese
Faculty of Commerce - Papers (Archive)
This paper is based on a review of the board composition of material Commonwealth Statutory Authorities with particular focus on the profile of non-executive directors. The analysis examines the mix of non-executive directors gender, remuneration, length of board membership and the number of other directorships held and The paper will review the roles of directors and outline a number of additional requirements these directors have in comparison to directors of private sector organisations and highlight the paradoxial requirement of independence. The paper concludes questioning the need for independent directors (if there are any) on the boards of Commonwealth Statutory Authorities.