Directors back tougher corporate penalties

Original article by Sally Patten
The Australian Financial Review – Page: 10 : 25-Oct-18

Rising global protectionism has been identified as the biggest economic challenge facing local companies, according to a new survey by the Australian Institute of Company Directors. The bi-annual sentiment survey also shows that long-term growth prospects is the key issue that keeps directors awake at night. Meanwhile, more than 80 per cent of respondents have expressed support for the federal government’s push to increase the criminal and civil penalties for misconduct in the corporate sector.

CORPORATES
AUSTRALIAN INSTITUTE OF COMPANY DIRECTORS, AUSTRALIA. DEPT OF THE TREASURY, FISHBURNERS LIMITED, SIRTEX MEDICAL LIMITED – ASX SRX

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