A Study on Corporate Governance Policies

May 29th, 2015
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Executive Summary Corporate Governance has become increasingly critical in organisations of recent times, as a result of many radical changes occurring in economical, political and global contexts. This report will therefore study the importance and consequences to Westpac Banking Corporation, referencing the Australian Corporate Governance Principles and Recommendations Report, last revised by the ASX in 2010. The concepts and techniques of Corporate Governance in an Australian context discussed in the review will then be used to critically analyse Westpac Banking Corporations current Corporate Governance Principles and Policies.

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Corporate Governance A Study into Westpacs Corporate Governance PoliciesAustralian Institute of BusinessMichael C Yule - A00132273521st January 2014Word Count 2683Not including Executive Summary or RecommendationsExecutive SummaryCorporate Governance has become increasingly critical in organisations of recent times, as a result of many radical changes occurring in economical, political and global contexts.This report will therefore study the importance and consequences to Westpac Banking Corporation, referencing the Australian Corporate Governance Principles and Recommendations Report, last revised by the ASX in 2010. The concepts and techniques of Corporate Governance in an Australian context discussed in the review will then be used to critically analyse Westpac Banking Corporations current Corporate Governance Principles and Policies.Upon analysing Westpacs tools for managing Corporate Governance, several recommendations will be made in which the policies of Westpacs governance can be strengthened moving forward.Table of ContentsIntroduction 5Corporate Governance in Australia 6Westpac Banks Corporate Governance 10Conclusion 13Recommendations14References15Appendix16IntroductionOver the past score, the importance of corporate governance has been highlighted, with many different policies being discu

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