Monday, 17 December 2012

Australia: ASX Corporate Governance Council announces review of its Corporate Governance Principles and Recommendations

The Australian Securities Exchange Corporate Governance Council has announced a review of its Corporate Governance Principles and Recommendations: see here (pdf). A consultation paper and exposure draft will be published in the middle of next year and proposals are expected with regard to the manner in which governance disclosures are made, the issues raised by the Australia in the Asian Century white paper and companies' disclosure of activities that make a positive contribution to society (the employment of people with disability is given as an example).

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