1. Australia's Biggest Companies are Being Run by a 'directors' club', Study Finds

    Australia's Biggest Companies are Being Run by a 'directors' club', Study Finds

    More than a third of vacancies on top 300 listed company boards are filled by directors of other companies, Ownership Matters says. A major new study of who runs Australia’s biggest companies has confirmed the existence of a “directors’ club” and proves boards are not punished for poor performance, investors say...

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