Ethics and Corporate Governance During a Transition Period: The Case of the Australian Company Amp Ltd

Posted: 6 Oct 2000

See all articles by Shann Turnbull

Shann Turnbull

International Institute for Self-Governance; Sustainable Money Working Group; New Garden City Alliance

Abstract

Corporate identity constantly faces the threat of ethical risks, which in turn calls upon the vigilance of the board of directors. But are corporate governance structures well-equipped for the task? Shann Turnbull, author, chairman and former chairman of many publicly held companies, suggests that corporations, especially those not having a dominant shareholder, establish a Corporate Governance Board. Besides taking on the functions often delegated to board subcommittees, its role would essentially consist of acting as a supervisory board responsible for initiating management practices and procedures, particularly those dealing with the appointment of the chairman of the board and with the framework of debates in shareholder general Meetings.

JEL Classification: G34

Suggested Citation

Turnbull, Shann, Ethics and Corporate Governance During a Transition Period: The Case of the Australian Company Amp Ltd. Available at SSRN: https://ssrn.com/abstract=235420

Shann Turnbull (Contact Author)

International Institute for Self-Governance ( email )

PO Box 266 Woollahra
Cell: +61418222378
Sydney, New South Wales 1350
Australia
+61293278487 (Phone)
+61280655905 (Fax)

HOME PAGE: http://independent.academia.edu/ShannTurnbull/CurriculumVitae
SKYPE: shann.turnbull

Sustainable Money Working Group ( email )

Holyoake House
Hanover Street
Manchester, M60 0AS
United Kingdom

New Garden City Alliance ( email )

113 Guinness Court
Snowsfields
London, UK, hello@gardencities.org.uk SE1 3TA
United Kingdom
+44 207 378 1902 (Phone)

HOME PAGE: http://www.gardencities.org.uk

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