The Role of Directors in CorporateTakeovers. This research deals with one of the causes and consequences of mergers and acquisitions (M&A) for boards of directors of companies involved in M&As. The Federal Government's Corporate Law and Economic Reform Program (CLERP), Paper No:3 states that corporate governance practices by Australian companies should be continuously monitored by the Australian Stock Exchange and relevant industries and professional bodies. Our research on the extent to which ....The Role of Directors in CorporateTakeovers. This research deals with one of the causes and consequences of mergers and acquisitions (M&A) for boards of directors of companies involved in M&As. The Federal Government's Corporate Law and Economic Reform Program (CLERP), Paper No:3 states that corporate governance practices by Australian companies should be continuously monitored by the Australian Stock Exchange and relevant industries and professional bodies. Our research on the extent to which directors get penalised and/or rewarded for acquisition decisions depending on the outcomes of the M&A, contribute towards this monitoring.Read moreRead less
A History of Foreign Multinational Enterprises in Australia from Federation. We aim to deliver the first history of foreign multinational firms in twentieth-century Australia, connecting to, and enhancing, a rich overseas literature on global business. Foreign corporations have played a critical but poorly understood role here with public and policy opinions polarised between approval for new investment, job creation and innovation against concern for their impact on tax revenue, competition, an ....A History of Foreign Multinational Enterprises in Australia from Federation. We aim to deliver the first history of foreign multinational firms in twentieth-century Australia, connecting to, and enhancing, a rich overseas literature on global business. Foreign corporations have played a critical but poorly understood role here with public and policy opinions polarised between approval for new investment, job creation and innovation against concern for their impact on tax revenue, competition, and economic policy. Through a closer, long term understanding of multinationals – their magnitude, motives to settle here, corporate structures, and adaptation to local conditions – our findings will inform public debate and policy about the roles of foreign investment and foreign enterprises in the Australian economy today.Read moreRead less
The burden of epilepsy study: Impact on well-being, service use and economic outcomes. This research into the humanitarian needs of people with epilepsy is a necessary extension to the current bulk of knowledge about epilepsy which is diagnostic, clinical and pharmacological. Its focus is on well-being, service use and economic burden this study is expected to give a good return on investment. To ensure an uptake of its findings, the study was developed with the national Epilepsy Action, Epilep ....The burden of epilepsy study: Impact on well-being, service use and economic outcomes. This research into the humanitarian needs of people with epilepsy is a necessary extension to the current bulk of knowledge about epilepsy which is diagnostic, clinical and pharmacological. Its focus is on well-being, service use and economic burden this study is expected to give a good return on investment. To ensure an uptake of its findings, the study was developed with the national Epilepsy Action, Epilepsy Society of Australia as well as addressing questions deemed important by the World Health Organization, the International League against Epilepsy, and the International Bureau of Epilepsy. Findings will inform epilepsy guidelines, policy recommendations and programs to reduce the burden of illness.Read moreRead less
Demand and Supply of Creative Arts in Rural and Regional Areas. The arts industry has experienced substantial growth over the last thirty years, providing significant economic and social benefits nationally. While growth in this sector is represented on both the demand and supply sides, it has not been evenly distributed geographically. There is significant difference between the health of the arts industry in the city centres and that of rural and regional areas. This project will investigat ....Demand and Supply of Creative Arts in Rural and Regional Areas. The arts industry has experienced substantial growth over the last thirty years, providing significant economic and social benefits nationally. While growth in this sector is represented on both the demand and supply sides, it has not been evenly distributed geographically. There is significant difference between the health of the arts industry in the city centres and that of rural and regional areas. This project will investigate entrepreneurial capacity of the arts in regional Victoria and develop best practice business models that promote sustainability in small to medium sized arts enterprises which will in turn aid in the regeneration of regional areas.Read moreRead less
Survival of Australia's Family Farms: Capital Raising and Credit Access. Family-run farms are an integral part of rural Australia. Given the evolving global financial crisis and the expanding complexity of managing a family farm in Australia due to increasing competition from large incorporated holdings and overseas producers, a persisting drought, rising climate variability, and constraining carbon markets, one critical issue for the sustainability of family farms is their ability to access an ....Survival of Australia's Family Farms: Capital Raising and Credit Access. Family-run farms are an integral part of rural Australia. Given the evolving global financial crisis and the expanding complexity of managing a family farm in Australia due to increasing competition from large incorporated holdings and overseas producers, a persisting drought, rising climate variability, and constraining carbon markets, one critical issue for the sustainability of family farms is their ability to access and manage successfully competitive sources of credit. This study examines the extent to which family farms are currently at a disadvantage, and what policies could be implemented to ensure their sustainability into the future via access to competitive lines of credit and appropriate financial management practices.Read moreRead less
Assessing willingness to pay for urban water, wastewater, gas and electricity delivery service standards. The utility industry is a substantial component of the Australian economy (2.2 % of GDP), underpinning national production. Recent infrastructure failures, costing up to $200 million per week, have been blamed largely on regulatory approaches that emphasise minimum price and cost solutions to utility service provision without any assessment or consideration of the willingness to pay for serv ....Assessing willingness to pay for urban water, wastewater, gas and electricity delivery service standards. The utility industry is a substantial component of the Australian economy (2.2 % of GDP), underpinning national production. Recent infrastructure failures, costing up to $200 million per week, have been blamed largely on regulatory approaches that emphasise minimum price and cost solutions to utility service provision without any assessment or consideration of the willingness to pay for service quality and the value people place on surety of supply. Research on the role of WTP for service standards in regulating price and service quality is required to prevent future infrastructure failures. This research will provide substantial economic benefits to Australia through improved regulation and better targeting of infrastructure investment.Read moreRead less
Innovations in Enterprise Risk Management: Risk Aggregation, Dependence, and Efficiency. Enterprise risk management is of critical importance to the successful management of business corporations. The savings from the integrated measurement and management of risk at the enterprise level allowing for diversification in business activities is massive. The Australian insurance and actuarial science profession is highly regarded internationally. Innovative contributions to the rapidly developing are ....Innovations in Enterprise Risk Management: Risk Aggregation, Dependence, and Efficiency. Enterprise risk management is of critical importance to the successful management of business corporations. The savings from the integrated measurement and management of risk at the enterprise level allowing for diversification in business activities is massive. The Australian insurance and actuarial science profession is highly regarded internationally. Innovative contributions to the rapidly developing area of enterprise risk management will benefit Australia by maintaining its high profile at an international level in this newly emerging area. This will lead to increased demand at an international level for Australian graduate students and international research students wishing to study at Australian universities in these disciplines.Read moreRead less
Improving Corporate Governance in China's Largest 166 State-Owned Central Enterprise Groups. This is a pioneering study that takes advantage of a unique research opportunity for Australian researchers to be at the forefront of research in the corporate governance of China's largest 166 state-owned central enterprises with which the Australia business sector is increasingly engaged in both trade and investment.
The project will allow Australians to play a leading role in shaping a major reform ....Improving Corporate Governance in China's Largest 166 State-Owned Central Enterprise Groups. This is a pioneering study that takes advantage of a unique research opportunity for Australian researchers to be at the forefront of research in the corporate governance of China's largest 166 state-owned central enterprises with which the Australia business sector is increasingly engaged in both trade and investment.
The project will allow Australians to play a leading role in shaping a major reform in our second most important trading partner and will enhance Australian knowledge of impending trends in strategic areas of mutual interest. It will arm Australia with greater understanding of its many faceted engagements with China.Read moreRead less
Better communication to solve the under-saving, under-spending puzzle. This project expects to develop evidence-based communication tools that promote life-time financial security, specifically investigating the puzzling and harmful tendency of people to under-save while working and under-spend while retired. To achieve this goal, it will design and experimentally validate innovative boosts to superannuation communication including income projections and goal-setting targeted at common misconcep ....Better communication to solve the under-saving, under-spending puzzle. This project expects to develop evidence-based communication tools that promote life-time financial security, specifically investigating the puzzling and harmful tendency of people to under-save while working and under-spend while retired. To achieve this goal, it will design and experimentally validate innovative boosts to superannuation communication including income projections and goal-setting targeted at common misconceptions and biases. It will use new structural modelling techniques to measure welfare changes. The expected outcomes are rigorous explanations for the saving-spending puzzle, and robust communication strategies for superannuation funds that will benefit workers and retirees by raising financial capability and confidence.Read moreRead less
What women want: unravelling the factors underlying women's financial decision-making behaviour. By the time women retire, they are generally worse off financially than men. This national study will be the first to measure the impact of underlying factors that explain rather than describe the financial decision-making behaviour of women, and how financial decision-making and economic outcomes for women might be improved.