‘Multiple red flags’: ASIC’s court case against Star executives shows the risks of complacency
- Written by Elizabeth Sheedy, Professor - Risk governance, culture, remuneration, Macquarie University
This week the corporate regulator is taking on executives and directors of Star Entertainment in the Federal Court, in a landmark case for Australian corporate governance.
ASIC will allege that despite multiple red flags that should have prompted internal investigation, directors at Star sat on their hands while accepting the considerable perks of...
