This research has considered the extent to which Australia's top 100 companies by capitalisation at 30 June 2003 have responded to this call for improved corporate governance reporting. It has considered what companies were reporting in 2002, prior to the 2003 ASX Corporate Governance Report, what they were able to report in 2003, and the extent to which they met the requirements in 2004, the first year in which most companies could report fully against the recommendations. The research questions being asked related to the extent of change to corporate governance reporting as a result of the ASX Corporate Governance Report, whether the recommendations were met in whole or in part, whether the reporting was also changing corporate governance practices, and whether this provided any insight into models of governance amongst Australia's top companies. / The Australian Stock Exchange should be well pleased with the action taken in response to its recommendations, showing high levels of goodwill towards the changes that have been proposed, which it now seems unlikely it will be necessary to mandate. Significant improvement in reporting is evident, particularly amongst companies which are listed on the stock exchange as responsible entities. / What this research tells us about models of governance is that there is no single model of governance that stands out as being pre-eminent. Some companies adopt traditional models but more often there is the sense that the governance model evolves for a company at a particular time based on the circumstances facing the company and the personalities involved. / Has this ASX reform process been a form of window dressing or does it reflect serious change? Evidence gathered form annual reports over three years of Australia's top companies would suggest that this is not window dressing because of the extent and detail of disclosure in corporate governance reporting and the willingness of so many companies to change their practices as a result of an enhanced disclosure regime. / Thesis (DBA(DoctorateofBusinessAdministration))--University of South Australia, 2007.
| Identifer | oai:union.ndltd.org:ADTP/267157 |
| Creators | Halliday, Bronwyn Kaye. |
| Source Sets | Australiasian Digital Theses Program |
| Language | English |
| Detected Language | English |
| Rights | copyright under review |
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