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
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.
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