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Industry Comment - Australian Institute of Company Directors

Australian Institute of Company Directors

ASX Corporate Governance Council’s Principles of Good Corporate Governance and Best Practice Recommendations is one of the most significant documents on corporate governance.

The comprehensive nature of these guidelines demands exhaustive analysis and it is important that company directors give due consideration to the recommendations and participate in the consultation process.

The process of engaging company directors, who will be the key group impacted by these guidelines, is critical for the successful introduction of any new corporate culture.

The AICD was a member of the Corporate Governance Council, contributing to the drafting of the ‘Principles of Good Corporate Governance and Best Practice Recommendations’.

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