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Full-Text Articles in Business

A Profile Of The Non-Executive Directors Of Australia's Largest Public Companies, C. L. Cortese, G. Bowrey Apr 2008

A Profile Of The Non-Executive Directors Of Australia's Largest Public Companies, C. L. Cortese, G. Bowrey

Faculty of Commerce - Papers (Archive)

This paper presents a profile of the 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 particular, board structure and composition is evaluated, and levels of remuneration and independence among non-executive directors are assessed. The paper concludes with a discussion of the need for independence and questions whether competence, among other characteristics, is a more valuable characteristic of a non-executive director than independence.


Profiling Non-Executive Directors In Australia, C. L. Cortese, G. Bowrey Jul 2007

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 Jul 2007

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.


Accumulation And Scarcity: An Accountability Safari, K. Rudkin, K. Cooper Jan 2007

Accumulation And Scarcity: An Accountability Safari, K. Rudkin, K. Cooper

Faculty of Business - Accounting & Finance Working Papers

Traditional notions of accountability and corporate governance derived from institutions of advanced capitalist states are argued to be inadequate for global gifting relationships, such as those exemplified in the Live 8 and G8 events of 2005. This paper demonstrates using a literature based analysis and critique, and that ideas of accountability have narrowed over time from a broader idea of stewardship for a community to accountability to the providers of capital. It is argued that this has lead to the inadequacy of accountability and corporate governance mechanisms for calling to account economic relationships between geographically remote donor recipient relationships between …


Northerners Counting Black Elephants: On Safari With Live 8 And G 8, K. Rudkin, K. Cooper Jan 2007

Northerners Counting Black Elephants: On Safari With Live 8 And G 8, K. Rudkin, K. Cooper

Faculty of Business - Accounting & Finance Working Papers

Purpose – To demonstrate the inadequacy of traditional concepts of accountability and corporate governance for global gifting relationships, as exemplified in the Live 8 and G 8 events. An alternative construct of value in exchange is proposed. Design / Methodology / Approach – A discussion paper using a literature based analysis and critique. Findings – Accounting avoids social responsibility by denying culturally determined legitimate meanings of value other than those constructed from an economic perspective. New accountability and corporate governance mechanisms are needed for donor/recipient relationships. Research limitatations / Implications – The arguments advanced should be further explored in alternate …


Dolorous Songs And Blessing Of The Curses: Corporate Governance In Australia, Jane Andrew, K. Cooper, K. Islam Dec 2006

Dolorous Songs And Blessing Of The Curses: Corporate Governance In Australia, Jane Andrew, K. Cooper, K. Islam

Faculty of Commerce - Papers (Archive)

The spate of corporate collapses that have plagues the business community in the last few years has had both positive and negative impacts. These have implicated accounting in the scandals and the commonality in the nature of collapses has bought in a number of blessings by triggering global consciousness and consensus to root out the problems. We argue that regulatory changes, the emergence of corporate governance codes, mandatory compliance with accounting standards for greater transparency and the emergence of a new accounting order would not have been possible without such spectacular failures.