Showing 1 - 10 of 13
In the aftermath following the Asian financial crisis, the World Bank prescribed regulatory reforms as a remedy for weak financial fundamentals. These reforms reflect the claims of the strong form legal origins hypothesis that countries with common law legal traditions have stronger investor...
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Various explanations have been advanced for why shareholder protection looks the way that it does. These explanations include varieties of capitalism, legal origins and various configurations of social interests. When compared with the United States and the United Kingdom, Australian corporate...
Persistent link: https://www.econbiz.de/10013005990
This article describes and analyses the recent significant increase in Australia of resolutions proposed by shareholders focused on environmental, social and governance (‘ESG’) issues. The research is placed in the context of the legal framework in which shareholder resolutions are advanced....
Persistent link: https://www.econbiz.de/10013225447
The COVID-19 pandemic has led to some countries, including Australia, enacting temporary changes to their corporate laws to allow virtual meetings of shareholders to be conducted. The purpose of this article is to identify and evaluate the corporate governance arguments arising with a move to...
Persistent link: https://www.econbiz.de/10013242071
This study is part of a larger international investigation of the effects of a country's legal origins on the style of business regulation. We employ an innovative 'leximetric' methodology to numerically code the protective strength of Australian corporate law for both shareholder and creditor...
Persistent link: https://www.econbiz.de/10013115119
The shareholder and creditor protection indices for Australia are part of a larger international study examining the relationship between a country's legal origins and the extent and character of business regulation, including labour law, and shareholder and creditor protection. The indices...
Persistent link: https://www.econbiz.de/10013089884
This article utilises leximetric analysis, which involves the numerical coding of the strength of legal protections, to show changes in levels of shareholder and creditor protection in Australia for the period 1970-2010. This form of analysis, originally developed by La Porta et al, and...
Persistent link: https://www.econbiz.de/10013089897
This research report, published jointly by the Centre for Corporate Law and Securities Regulation at the University of Melbourne and Corporate Governance International, contains the results of a study of proxy voting at a sample of major listed Australian companies during 1999.When institutional...
Persistent link: https://www.econbiz.de/10013157961
When are shareholders empowered to remove directors from office? This is an important governance issue and is related to the balance of power between shareholders and directors. In the case of a public company, s 203D(1) of the Australian Corporations Act 2001 (Cth) provides that shareholders...
Persistent link: https://www.econbiz.de/10012869147