Law in society: The corporate governance debate
Document Type Journal Article
Lessing, John (2003), Law in society: The corporate governance debate. The National Legal Eagle, April 2003, pp. 10-11.
Copyright ©The Law Society of New South Wales , 2003.
Reproduced with permission.
Corporate governance has to do with the way in which companies are managed and controlled. It has become a major issue during the last two years. It has moved from the business pages of the newspapers to the front pages. We have had President Bush speaking about it - as well as our Prime Minister, John Howard, and the leader of the Federal opposition. They have been promising a much tougher approach to corporate abuses and crime. (Though John Howard has also said that he does not want to unnecessarily burden business).