What do boards do? The measurement of board activity, its impact on firm valuation and board responses to the financial crisis. This study examines what corporate boards do using a novel measurement approach. It is expected that this measure will be widely adopted by industry and academia.
Share trading by corporate insiders: effects and implications. The project examines trading by corporate insiders in Australian firms. The project's findings will provide evidence to corporate regulators on firms' disclosure practices and the effect of non-disclosure of insider trades on transparency in the market and investor confidence through the firm's cost of capital.
Advancing investor action on energy transition. This project aims to advance action by investors (debt and equity) to increase finance for low-carbon energy sources that reduce fundamental climate risks. The project applies interdisciplinary approaches to generate new knowledge about the business case for investor leadership on energy transition and supportive climate law and financial regulatory frameworks. Collaborative legal and business analysis by leading Australian and US scholars, coupled ....Advancing investor action on energy transition. This project aims to advance action by investors (debt and equity) to increase finance for low-carbon energy sources that reduce fundamental climate risks. The project applies interdisciplinary approaches to generate new knowledge about the business case for investor leadership on energy transition and supportive climate law and financial regulatory frameworks. Collaborative legal and business analysis by leading Australian and US scholars, coupled with interviews and focus groups with investors, will examine contemporary engagement practices and investors' management of climate-related financial risks. Expected outcomes are targeted reform proposals to benefit policymakers and the environment by fostering private financing of clean energy.Read moreRead less
Devising a legal blueprint for corporate energy transition. This project aims to provide a legal blueprint for using corporate law mechanisms to incentivise improved climate risk management and clean energy practices in Australian companies. Corporations are key players in efforts to transition the global energy system to clean energy sources and to mitigate climate risk. While this role is widely acknowledged, thinking on the best legal strategies that could foster corporate energy transition i ....Devising a legal blueprint for corporate energy transition. This project aims to provide a legal blueprint for using corporate law mechanisms to incentivise improved climate risk management and clean energy practices in Australian companies. Corporations are key players in efforts to transition the global energy system to clean energy sources and to mitigate climate risk. While this role is widely acknowledged, thinking on the best legal strategies that could foster corporate energy transition is in its infancy. Drawing on empirical data and more extensive United States experience with the use of corporate law tools for climate ends, the project plans to uncover roadblocks to corporate energy transformation, and identify law and governance reforms necessary for putting the private sector on a low-carbon pathway.Read moreRead less
Enhancing and evaluating stakeholder engagement for improved water outcomes. Stakeholder engagement, widely recognised as essential in successful water governance, remains ad hoc both in practice and as a research theme. Using a detailed analysis of a complex evolutionary case of stakeholder engagement in water management in the Murray-Darling Basin (1900- 2020), this project aims to develop new approaches to measure the structure and form of socio-culturally derived stakeholder engagement syste ....Enhancing and evaluating stakeholder engagement for improved water outcomes. Stakeholder engagement, widely recognised as essential in successful water governance, remains ad hoc both in practice and as a research theme. Using a detailed analysis of a complex evolutionary case of stakeholder engagement in water management in the Murray-Darling Basin (1900- 2020), this project aims to develop new approaches to measure the structure and form of socio-culturally derived stakeholder engagement system, to improve socio-economic and environmental benefits from water. The expected output is a new diagnostic tool for evaluating stakeholder engagement that can be taken up by governing bodies. The expected benefit is more inclusive, equal, and adaptive water governance through more effective stakeholder engagement.Read moreRead less
Strengthening leadership capacity in Australia's rapidly changing aged and community care sector. The project supports the priorities of: ageing well and promoting an innovative culture and economy and links to the goal of social inclusion. It will contribute significantly towards improved performance and efficiency in an increasingly important sector which contributes to the national economy and provides both care and employment to many Australians. Rapidly increasing demands and challenges r ....Strengthening leadership capacity in Australia's rapidly changing aged and community care sector. The project supports the priorities of: ageing well and promoting an innovative culture and economy and links to the goal of social inclusion. It will contribute significantly towards improved performance and efficiency in an increasingly important sector which contributes to the national economy and provides both care and employment to many Australians. Rapidly increasing demands and challenges require effective, competent leadership to deal with competing tensions, in turn resulting in a more resilient and sustainable industry. This will contribute to more stability, reduced staff turnover and improved outcomes for residents/clients, including through new and innovative workplace culture and practices.Read moreRead less
Public lessons, private interests: Do inquiries promote industry change? Mineral resource extraction is increasingly contentious and conflictual. Leading global companies are responding to high profile issues by commissioning independent inquiries into past events with the reports released publicly. Little is known about the governance arrangements of these inquiries, their independence, or their role in stimulating change. This project aims to investigate the utility of independent inquiries co ....Public lessons, private interests: Do inquiries promote industry change? Mineral resource extraction is increasingly contentious and conflictual. Leading global companies are responding to high profile issues by commissioning independent inquiries into past events with the reports released publicly. Little is known about the governance arrangements of these inquiries, their independence, or their role in stimulating change. This project aims to investigate the utility of independent inquiries commissioned by global mining companies for different stakeholder groups. By drawing comparisons with government-led commissions of inquiry, the project aims to develop guidelines for industry inquiries to achieve meaningful change and improve resource governance outcomes globally.Read moreRead less
Industrial disasters, disclosure deficit: Can transparency level the field? This project aims to identify and apply innovative forms of transparency and new processes of public accountability for energy transition minerals. Recent tailings dam disasters have damaged the global mining industry’s reputation, eroded public trust, weakened investor confidence, and raised new challenges for insurers and other stakeholders. Companies are under intense pressure to disclose information about their activ ....Industrial disasters, disclosure deficit: Can transparency level the field? This project aims to identify and apply innovative forms of transparency and new processes of public accountability for energy transition minerals. Recent tailings dam disasters have damaged the global mining industry’s reputation, eroded public trust, weakened investor confidence, and raised new challenges for insurers and other stakeholders. Companies are under intense pressure to disclose information about their activities and satisfy a concerned public that they are not putting people and the environment at risk. The research will benefit end users by improving Australia’s ability to maximise its mineral resource endowment, supporting the transition to low-carbon technology, and safeguarding these assets for future generations.Read moreRead less