The Australian corporate governance system is an example of an agency-dominated Anglo-American system which emphasises shareholder value.

Question

Quizplus · Accepted Answer

The Australian corporate governance system is an agency-dominated Anglo-American system, which means it places emphasis on the interests of shareholders and the maximisation of shareholder value. This is in line with the dominant approach to corporate governance in Anglo-American systems, which tend to be more market-oriented and less reliant on government intervention.

The Australian Corporate Governance System Is an Example of an Agency-Dominated