An outcome of the Ramsay Report (2002) was the taking up of a recommendation for the Australian Stock Exchange (now ASX) to take responsibility for corporate governance recommendations.

Question

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The Ramsay Report (2002) indeed led to the Australian Stock Exchange (now ASX) taking responsibility for corporate governance recommendations, which resulted in the establishment of the ASX Corporate Governance Council and the issuance of the Corporate Governance Principles and Recommendations.

An Outcome of the Ramsay Report (2002) Was the Taking