When directors slip up

Article Abstract:

The diligence with which directors are required to carryout their duties is discussed. The extents to which the directors can take financial risks are defined. The responsibility for financial risk and the transferability thereof is also discussed. The implications of failure of directors to manage the financial risks are also discussed. A list of questions on risk management which the shareholders must ask before investing in the company is presented.

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Directors wake up to business

Article Abstract:

The changes in the role of directors of an Australian company that have occurred in the recent times, especially those related to corporate governance, IT governance, compliance rules and directors' duties etc. are discussed.

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The real thing

Article Abstract:

A brief profile of John Wartig, chief financial officer of Coca-Cola Amatil, is presented. Wartig discusses the importance of evaluating strategies through numbers.

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