Chartered Secretaries Australia will become the Governance Institute of Australia, with members overwhelmingly backing the rebrand at a general meeting last week.
Annual General Meetings are disenfranchising shareholders in small listed companies, according to peak body Chartered Secretaries Australia, which has called for wide-ranging discussion on the issue.
A proposal to combat insider trading by reducing the disclosure timeframe for directors from 14 to two days is unnecessary regulation of an area already well protected by the continuous disclosure rules, according to Chartered Secretaries Australia.
31 May 2007
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