Question 1
Who are directors of company?What are their duties of directors under Australia Corporation Law?
• Give a short history of the evolution of director’s duties and responsibilities.
Please enumerate their duties and responsibilities today. Are their duties the same in proprietary companies and public companies?
• Explain the consequences should directors contravene the law and the remedies available.
• What do you see in the future direction of director’s duties in Australia?
• Please cite relevant case law and the statutes in your answer and provide proper references.
Length 2,000 words
Question 2
The following case study interprets the importance of good decision making and balancing the interests of stakeholders: Balancing Stakeholder Interests and Corporate Values: A Cummins Strategic Decision.
Read the case study and respond to the following question: How would you, as an organizational leader, apply and use the stakeholder management approach as a means for planning and implementing collaborative relationships to achieve win-win outcomes among stakeholders?
Use citations and references in APA style.