Sharing Ideas that Do Good


Search by topic:


ALWAYS ACTING IN THE BEST INTERESTS OF THE COUNTRY

post-image

Directors of a mutual company, are obliged to exercise their powers and duties in good faith, in the best interests of the company and for a proper purpose.  

This means that they must hold an honest and reasonable belief that the actions they are taking are in the best interests of the mutual company.  

Directors are under constant surveillance to do so and at risk of being sued or prosecuted if they don’t.  

We should expect the same from our politicians and public servants in duty to the country - and have better means of bringing them to account.



What do you think?


You must be logged in to post a comment.
Comments

Related Posts

Governance

post-image

Australian Institute for Ethics
16 February 2024 by Glenn Barnes 1 Comments

Governance

post-image

Involving the public in selecting the Australian Governor General
14 February 2024 by Glenn Barnes 2 Comments

Governance

post-image

A Mission-Led Industry Policy to Improve Productivity
8 February 2024 by IdeaSpies 1 Comments

Why support us financially?

"Great ideas, research and innovation can come from anyone – so often the best ideas do not have a voice. IdeaSpies provides a platform for people to share ideas that create a better world"
David Thodey AO, Patron