The Analysis of Australian Corporate Governance was prepared by King & Wood Mallesons (KWM) as part of its role on the Business Council of Australia’s Governance sub-committee which was formed to review Australia’s system of corporate governance and map a potential agenda for the BCA on corporate governance.
The KWM report includes a summary of the obligations of directors in Australia and how these obligations have evolved over time through legislation and case law, and the current state of corporate governance obligations in Australia including the impact of “soft law”.