Regulators have warned that listed and non-listed companies lacking good corporate culture will fail investors and stakeholders, and in response key industry bodies have collaborated to produce a guide on managing culture.
Managing Culture — A Good Practice Guide, was launched today at The Ethics Centre, by the Institute for Internal Auditors — Australia (IIA-A), The Ethics Centre, Governance Institute of Australia and Chartered Accountants Australia New Zealand.
Governance Institute, in partnership with elearning provider etrainu, has released Australia’s first Sports Governance Program targeting the grassroots. Working in Sports Essentials (WISE) is an internet-based course designed to provide fundamental governance knowledge to anyone involved in sport. The program is suitable for everyone from grassroots volunteers to committee members and club directors to managers and executives of sports organisations.
Governance Institute appoints senior governance professional Catherine Maxwell Director of Policy and Advocacy
Australia’s peak body for governance, Governance Institute of Australia has appointed Catherine Maxwell Director of Policy and Advocacy. Ms Maxwell has a strong legal, governance and policy background having had experience in similar policy and advocacy roles at AICD, APRA and ASX.
Unintended consequences flow from proposal requiring companies to keep email addresses on their share registers
Senator Nick Xenophon’s proposal to amend the Corporations Act requiring companies to include members’ email address on their share register has far reaching legal consequences, Governance Institute of Australia will tell the Senate Economics Legislation Committee today.
The second annual Governance Institute of Australia Ethics Index shows a continuing gap between Australians’ expectations and perceptions of the ethicality of behaviour in many sectors and industries. Executive pay proved especially troublesome, with 77 per cent of Australians believing a CEO salary of $3 million a year (i.e. 50 times the average Australian’s yearly income) is unethical.
The interim findings of the world’s largest research project into whistleblowing by Griffith University reinforces the need for a stand-alone, ‘one-stop-shop’ Act for corporate whistleblowers claims Governance Institute of Australia, saying that regulator -specific provisions across many pieces of legislation do not provide the best protection for those exposing misconduct.