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The ‘no-vacancy’ rule improving accountability or increasing complexity for boards?

  • McInnes Wilson Lawyers
  • -
  • Australia
  • -
  • August 31 2011

The Corporations Amendment (Improving Accountability on Director and Executive Remuneration) Act 2011 (Cth) (Act) has implemented a number of legislative reforms aimed at improving the transparency, disclosure and accountability of executives and directors in respect of remuneration and other matters

Director and executive remuneration increasing transparency and accountability?

  • McInnes Wilson Lawyers
  • -
  • Australia
  • -
  • July 29 2011

In the aftermath of the economic uncertainty caused by the Global Final Crisis there has been increased calls from both the public and private sector for transparency and accountability on behalf of directors and executives in respect of the remuneration they receive as a result of their position