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Introduction: A discussion on corporate regulation and governance is of great importance in today’s economic world. A number of high profile collapses such as HIH, One Tel, Harris Scarfe, Ansett, focuses ones attention on governance issues.
Nevertheless, corporate governance is not a static thing and even if basic structures remain the same, policies and procedures surrounding those structures should constantly be reviewed to ensure that the structure is working properly.
Globalisation yields challenges not only for industry, but for the corporate regulators as well. Today, we are faced with the issue of large Australian companies wishing to expand their international presence, without giving up their Australian domicile. The global presence by these companies is important to Australia’s economy, but the modifications and exemptions granted to facilitate dual listed companies has to be carefully ensured and reconciled with the continuing obligations applicable mainstream......

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Approximate Word Count: 2596
Approximate Pages: 11 (250 words per double-spaced page)

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