This week, Mallesons Stephen Jaques launched Directions 2012 - a report examining the current issues and challenges facing Australian directors and boards.
Directions 2012 highlights a number of key issues which are causing uncertainty, and placing additional pressure on directors and boards at a time when they are faced with significant business challenges and risks in the current economic climate.
The report reflects the results of a survey of directors undertaken by Mallesons in November 2011 and our analysis of the legal and regulatory issues and challenges facing Australian directors and boards in 2012, including:
the regulatory landscape and the impact of continued uncertainty;
directors’ duties and governance practices in light of recent court decisions;
engagement with stakeholders, focussing on executive remuneration, board spills and the AGM;
the implications of recent occupational health and safety, industrial relations and taxation reform issues;
the tough domestic business environment and cross border investment opportunities; and
the outlook and challenges for 2012.
We hope you enjoy reading our report, which can be found here.