Despite the volatility on global and local markets, the COVID-19 pandemic is not like the GFC. It’s in fact very different and so are its effects.
Last week the ASX Corporate Governance Council hit the right mark when issuing its new, fourth set of the Principles which should guide corporate behaviour in Australia.
Enhanced transparency in corporate reporting helps to address the trust deficit.
Restoring trust is the issue of the moment. Proposed changes to the current ASX Corporate Governance Principles could go a long way to improving transparency and trust, through enhanced corporate reporting.
Last week, the ASX launched two major reports written by KPMG – one of them received extensive media coverage, while the other was largely overshadowed.
‘Corporate reports’ and ‘exciting developments’ are not always phrases which naturally fit together – but it looks like times are finally changing. For years now, we have been expected to…
© 2020 KPMG, an Australian partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.