Heirs apparent: corporate governance

Article Abstract:

The unexpected ascension of director Ian Burgess to deputy chairman instead of CEO Hugh Morgan underscores a trend for more careful corporate governance in Australia, in the wake of disastrous share price drops in firms such as BHP, Burns Philp, and Coles Myer after CEOs became chairmen. Ironically, Morgan has presided over a successful reorganization and the firm's overall outlook is strong.

Officials and employees, Corporate governance, Appointments, resignations and dismissals, Biography, Company Profile, WMC, Burgess, Ian

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Workers face a new age of choice

Article Abstract:

The compulsory employer-funded Superannuation Guarantee scheme was introduced in Australia in 1994, which has grown to about 170,000 do-it-yourself (DIY) account funds. DIY super funds usually have one to four members who act as trustees. However, beginning Jul 1, 1999, all new employees joining a superannuation fund will be able to choose from four funds nominated by their employer.

Economic aspects, Investments, Economic policy, Workers

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Down here for thinking

Article Abstract:

Edward de Bono is the creator of such concepts as Lateral Thinking and Six Thinking Hats. He visits Australia periodically for personal appearances and corporate workshops. He has sold more books in Australia than anywhere in the world. De Bono has launched a series of Australian business awards bearing his name and his new awards will be administered by the de Bono Institute.

Management, Study and teaching, Thought and thinking, Thinking, De Bono, Edward

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