The Hayne Royal Commission – Just Another Piece of Official Discourse?

Law and Financial Markets Review, 2019, Vol.13, Issue 2-3, 114-123

15 Pages Posted: 30 Aug 2019

See all articles by George Gilligan

George Gilligan

University of Melbourne - Centre for Corporate Law

Date Written: April 26, 2019

Abstract

The institutions of the state and those individuals, and/or groups, who manage and/or operate within them are engaged in ongoing production of information and knowledge. These information/knowledge production processes and structures can operate anywhere along a continuum of overt to covert, helping to shape the cultures, systems and societies in which they are situated. Official discourse is a generic label for the information and knowledge that is produced. At any given time, there may be a multitude of mechanisms of official discourse at work in any jurisdiction that are shaped by prevailing political, economic, social, cultural and historical influences. This article considers royal commissions of inquiry, a mechanism of official discourse that has been popular in some of the jurisdictions that were a part of the British Empire and which continue to be influenced by British legal traditions. The analysis is limited to Australia, in particular, to the recent Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry chaired by Commissioner Kenneth Hayne, which sat throughout 2018. This article discusses its effects as a mechanism of official discourse.

Keywords: Royal Commissions, Official Discourse, Corporate Misconduct, Enforcement, Governance

JEL Classification: G18, G38, K20, K22, K40, K42

Suggested Citation

Gilligan, George, The Hayne Royal Commission – Just Another Piece of Official Discourse? (April 26, 2019). Law and Financial Markets Review, 2019, Vol.13, Issue 2-3, 114-123. Available at SSRN: https://ssrn.com/abstract=3445253

George Gilligan (Contact Author)

University of Melbourne - Centre for Corporate Law ( email )

185 Pelham Street, Carlton, Building 106
Victoria 3010
Australia
+61 3 8344 1079 (Phone)

HOME PAGE: http://www.law-cclsr@unimelb.edu.au

Register to save articles to
your library

Register

Paper statistics

Downloads
14
Abstract Views
89
PlumX Metrics