AbstractsBusiness Management & Administration

Directors' perceptions of best practice in corporate governance in Australia

by Margaret McCabe




Institution: Curtin University of Technology
Department: Business.
Year: 2002
Keywords: best practice Board, modern governance, Board of Company Directors (BOCD).
Record ID: 1032158
Full text PDF: http://espace.library.curtin.edu.au:80/R/?func=dbin-jump-full&object_id=16227&local_base=gen01-era02


Abstract

In this study directors of public listed companies around Australia gave their perceptions of best practice in corporate governance. A qualitative methodology within the constructivist paradigm was used along with a questionnaire thus making it a linked study. Mechanisms to assist in demonstrating rigour in the research process were developed and implemented as part of the research. The findings presented a description of best practice in corporate governance and a definition of corporate governance. Emerging from the findings was a model of best practice that was consistent with complex adaptive systems theory. Stakeholder theory was seen to provide the mechanism for developing activities that support the best practice model.