Alexandra Gisz looks at the latest developments in Australian corporate governance
Regulatory changes mooted in Australia's ninth Corporate Law and Economic Review Program draft bill (known as Clerp 9) are tipping the balance of power away from companies and directors and toward shareholders. Although many of the proposals are uncontroversial and have broad approval from the business community, a number of the suggestions have ruffled the feathers of several significant power brokers.Corporate greedThe most contentious proposal is for public disclosure of the salaries of
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