Business Services Industry
ASX offers boardrooms simple guide for transparency.
Australasian Business Intelligence, April, 2003
Apr 01, 2003 (The Australian - ABIX via COMTEX)
After the collapse of HIH and One.Tel, Australian shareholders are demanding more transparency from listed companies. The Australian Stock Exchange's Corporate Governance Council has drafted a guide for boards to follow to ensure that they are being upfront with smaller shareholders. Although some of the requirements in the report are mandatory, it is really a general guide for companies to follow. The formation of the Council follows calls for listed companies to be more accountable to shareholders.
Publication Date: 2 April 2003
HIH INSURANCE LIMITED:
ONE.TEL LIMITED:
AUSTRALIAN STOCK EXCHANGE.
CORPORATE GOVERNANCE COUNCIL:
AUSTRALIAN STOCK EXCHANGE LIMITED -...
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