Directors' perceptions of best practice in corporate governance in Australia
Institution: | Curtin University of Technology |
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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 |
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.