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Showing 331 - 340 of 340 results for "Accountable"

ACCC plans to revise merger process to increase transparency

AAP  |  FRIDAY, 24 SEP 2004
... we deal with mergers. "A statement of issues does not mean rejection... it just provides for a more transparent and accountable process," he said. The ACCC earlier this year introduced competition assessments, which outline its reasons for rejecting ...

Shareholders expect NAB chairman to quit other roles

AAP  |  WEDNESDAY, 18 FEB 2004
... that triggered the resignations of the two most senior people at NAB. ABN Amro said since the board is potentially accountable for the unauthorised trades that cost the bank $360 million, it seemed premature to be appointing a director from a board which ...

Senior management may be held accountable for rogue trading

AAP  |  TUESDAY, 27 JAN 2004
Senior management at the National Australia Bank (NAB) may be held accountable for the rogue trading scandal that could cost the bank as much as $600 million. NAB chief executive Frank Cicutto said responsibility for the rogue currency trades and any ...

Super fund behind branch managers tilt at ANZ board

AAP  |  FRIDAY, 5 DEC 2003
... banks disregarding the needs of their customers and staff, it's time for a new approach that holds them genuinely accountable for their actions," he said. "(Investors) see merit in supporting Joy Buckland because she brings a realistic perspective to ...

BP Super searches for premium consultant

... trustees were seeking to improve the investment and decision-making processes. \"The idea is to have one expert being accountable for investment performance,\" Mr Tenache said. Currently the investment process and therefore accountability is split between ...

Shareholders to get chance to vote on executive payouts

... the ninth round of corporate law and economic reforms would boost auditors' independence and make businesses more accountable. The draft laws would make salary packages for a company's top five executives public information, and allow shareholders a ...

Conroy slams high-flying corporate hogs

WITH AAP  |  WEDNESDAY, 8 OCT 2003
... would continue the Howard Government's self-regulatory approach to executive salaries and would fail to hold boards accountable and fail to empower shareholders. "Australian boards have acted in their own self-interest, not in the interests of their ...

Trustees and managers must take active role in governance: ALP

... company (the shareholders) and the board. "To redress this imbalance," he said, "Labor wants shareholders to hold boards accountable, but to do this the shareholders need be empowered." "When you consider that the retirement incomes of Australians are ...

Government acts on super system "designed to fail"

... Federal Government has outlined a new approach to the governance of superannuation funds in a bid to make them more accountable to members as 'choice of super' legislation remains stalled in the Senate, with no end to the deadlock in sight. "Accepting ...

Commonwealth draws fire of Australian Shareholders Association

... profit was down on the same period last year. The ASA said it intended to hold CBA chief executive officer David Murray accountable for the controversial payouts. The ASA also called for detailed disclosure on former AMP chief executive officer Paul ...