Business Law Section

Draft Fourth Edition of the Corporate Governance Principles and Recommendations

The submission to the ASX Corporate Governance Council in regards to its draft fourth edition of the Corporate Governance Principles and Recommendations (CGPR) was prepared by the Corporations Committee of the Business Law Section of the Law Council of Australia.

The comments in the submission below respond to the ASX Corporate Governance Council’s Review of the ASX Corporate Governance Council’s Principles and Recommendations Public Consultation, released 2 May 2018. The Committee notes the significant place that the CGPR have come to occupy in Australian corporate governance theory and practice since the first edition was released in 2004. Their impact is not limited to the ASX listed entities to which the CGPR directly apply; many of the Principles and Recommendations have been adopted formally and informally elsewhere, including in other self-regulatory codes. 

You can read the full submission below.

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