Directors' Duties and Good Corporate Governance
In the current global economy, it is essential for directors and their legal advisers to have a comprehensive understanding of directors’ duties and principles of good corporate governance..
Directors are the focal point for the governance of corporations. As all decision making derives from them, directors play a fundamental role in maintaining the integrity of and ensuring confidence in financial markets. In times of economic downturn and uncertainty, focus often shifts to apportion blame and responsibility for corporate failures.
In the post-GFC climate, the Australian Securities and Investment Commission (ASIC) has probed failures and has enforced the law in this area by prosecuting cases involving directors who failed to meet their duties. In this environment, it is essential for directors and their legal advisers to have a comprehensive understanding of directors’ duties and principles of good corporate governance.
This course discusses the duties and obligations of directors as established by statute, common law and equity. The duties are explored in depth through significant and recent case law, including recent proceedings involving James Hardie, Centro, and Fortescue Metals Group.
The course also examines the updated principles of corporate governance as recommended by the Australian Securities Exchange (ASX).
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What Lawyers Say
This was my first CPD course with lawcpd.This was my first CPD course with lawcpd. I found the content perfect for my needs. Best of all the website was quick and hassle free. I started and stopped the course several times and had no problems saving and returning back to to where I had left off. I also appreciate the hardcopy paper. This is important for review in the future and a record of participating in the course (as is the certificate!). Thank you for a great service. I will be using it again!
Really useful refresher and update on this area of law.Really useful refresher and update on this area of law.