Word games and virtue signalling as the stock exchange reworks its corporate governance code
- Written by Warren Staples, Senior Lecturer in Management, RMIT University
Words are the most you can expect when boards regulate themselves.The words are a little different, but the requirements are as good as unchanged. The new Australian Securities Exchange corporate governance principles adopted last week have shuffled more words than they have altered.
When the ASX first published its governance principles in 2003 it...