Blog

Month: Aug

  • Australians lose faith in corporate ethics in wake of banking scandals

    by Steven Burrell, Chief Executive, Governance Institute of Australia
    15/08/2018

    Australians expect high standards from their financial institutions, but our research suggests that these are far from being met. Continuing scandals and revelations from the Hayne Royal Commission are further eroding Australians’ trust in the ethical behaviour of companies, according to the findings of Governance Institute of Australia’s annual Ethics Index.

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  • New Corporate Governance Principles too prescriptive

    by Steven Burrell, Chief Executive Officer, Governance Institute of Australia
    03/08/2018

    As you may have read in today’s AFR, Governance Institute of Australia has raised concerns with the draft 4th edition of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations (Principles and Recommendations), including the increased level of prescription in a number of areas and the  inclusion of imprecise terms such as ‘social licence to operate’.

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