"True value resides in doing right"
Friday, 16 October 2009 | The Australian Financial Review | John Reed - Opinion
The ASX's Corporate Governance Principle 3 may well be the guideline that receives the least attention from boards. The principle, which imposes an obligation on directors to "actively promote ethical and responsible decision-making", is extremely broad in its reach, covering entire organisations, every person in them and every transaction.
For the full article click here - "TRUE VALUE RESIDES IN DOING RIGHT"
"Reseating the Founder"
7 August 2009 | Company Director | John Reed - Letter
"Unseating the founder will continue to be a question boards face from time to time. Despite this, a case can be made for boards to give more attentionto a continuing process of reseating the founder, having regard to succession and to the evolution of the business and to changing circumstances."
For the full letter click here - "UNSEATING OR RESEATING THE FOUNDER"
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