Regulating Non-Executive Directors in Australia: A Socio-Legal Approach

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Young, Angus (2008) Regulating Non-Executive Directors in Australia: A Socio-Legal Approach. The Company lawyer, 29 (11). pp. 323-329. ISSN 0144-1027

Abstract

Discusses the role of legislation and codes of conduct in influencing the behaviour of nonexecutive directors. Outlines the functions of a board of directors and considers the role of non-executive directors in particular. Traces the development of standards of skill required of non-executive directors both under the Australian Corporations Act 2001 and under common law. Questions whether these have brought about a real change in behaviour. Considers whether professionalisation of directorship could be more effective.

Item type Article
URI https://vuir.vu.edu.au/id/eprint/4075
Subjects Historical > Faculty/School/Research Centre/Department > Centre for International Corporate Governance Research
Historical > FOR Classification > 1801 Law
Historical > FOR Classification > 1503 Business and Management
Historical > SEO Classification > 9499 Other Law, Politics and Community Services
Keywords ResPubID15676. company law, Australia, Australian, codes of conduct, corporate governance; corporate legislation, non-executive directors, regulation of directors, professional performance, organisational behaviour, behaviour of managers, leadership, business ethics, Australian Corporations Act 2001, professionalism
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