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Australian institute of Company Directors (beta)
A probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities, and that may be avoided through preemptive action.
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Governance Leadership Centre
Are audit committees responding effectively to new challenges?
1 April 2021 | Tony Rasman
The Hayne Royal Commission, the CBA Inquiry, and recently the Bergin report into Crown Casinos continue to spotlight governance failings. A lack of urgency in dealing with issues, poor reporting, and ...
The board’s role in preventing workplace sexual harassment
22 March 2021 | Shelley Dempsey
Sexual harassment is now recognised as an important governance issue. Organisations are considering the steps they must take to manage the risk and are shifting their focus from response to prevention...
Preventing workplace sexual harassment - obligations for directors
23 February 2021 | Laura Bacon
In January 2021, Safe Work Australia released new guidance aimed at assisting directors and officers discharge their duties under WHS laws to address the risk of sexual harassment occurring in the wor...
Work Health and Safety
What key directors have to say about risk and resilience
1 December 2020
Facing mounting strategic and operational risks, senior directors discuss the lessons they've learned in building resilience in this special Company Director-FM Global roundtable.
Crown Resorts inquiry puts risk management in the spotlight
1 December 2020 | Professor Pamela Hanrahan
From allegations of money laundering, breaching gambling laws and links to organised crime groups, the Crown Resorts inquiry raises questions about the Sydney casino board's ability to manage non-fina...
Why climate change risk hasn't gone away
30 October 2020
Analysis by MinterEllison on corporate climate change risk reporting should be a wake-up call for companies that have not improved their disclosure in 2020, says special counsel Sarah Barker.
Risk and compliance: rethinking the three lines of defence
30 October 2020
The Institute of Internal Auditors has updated its three lines of defence risk model. CEO Peter Jones shares what directors need to know.
Liability and Compliance
Tesla chair Robyn Denholm's tips for driving a culture of innovation
30 October 2020 | Beverley Head
From ensuring your board has a strong focus on strategic risk to developing a cyber strategy, Tesla chair Robyn Denholm reflects on leadership and governance lessons.
Critical reporting risks boards should consider when reviewing financials
22 October 2020
Insights from BDO’s recent Financial Reporting Risk Review show that of the major concerns currently facing organisations across corporate Australia, cash flow is the most pressing financial rep...
Board and management
Risk takes the spotlight in board crisis lessons
6 August 2020 | Shelley Dempsey
What lessons have we learned about risk in the wake of the crisis? Many boards were under prepared for the unprecedented COVID-19 crisis and now face intense pressure to get their strategic risk manag...