Revisiting the business judgment rule

Governance Institute of Australia
Publication Type:
Journal Article
Governance Directions, 2014, 66 (10), pp. 634 - 637
Issue Date:
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The personal liability of company directors has been a source of debate for some time. The issue has evoked strong responses from industry groups such as the Law Council of Australia and the AICD, and has resulted in several public inquiries into the issue dating back to the Commonwealth Senate’s Cooney Report in 1989 and several subsequent reports by CAMAC.1
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