Publisher's Synopsis
With the fall of the corporate high-fliers of the 1980s, the behaviour and ethics of Australia's leading business people have become matters of public concern. This book provides a systematic analysis and assessment of the legal rules governing directors' behaviour and the attitudes of the management in Australia's top 500 public companies towards their corporate responsibilities. The authors draw upon interviews conducted with senior executives from companies experiencing corporate collapse. They also present material from recent judicial, regulatory and governmental inquiries into corporate misconduct. The book questions the effectiveness of the enforcement of the legal rules governing the duties of directors of public companies, and presents the regulatory problems and pitfalls besetting company directors and their shareholders.
