The Melbourne Centre for Corporate Governance and Regulation (MCCGR) was established in 2017 to address both longstanding and emerging issues of corporate governance facing for-profit, government and not-for-profit entities in Australia and around the world.
Based in the Department of Accounting, Faculty of Business and Economics, the Centre provides a platform for academics in a range of disciplines to collaborate on research into issues of corporate governance and regulation. Building on existing research strengths in this field, the Centre also builds on collaboration with leading international academics with expertise in corporate governance and regulation.
A primary objective of the Centre is to provide insights on practical issues in a way that can inform key players, such as managers, directors, investors, and policy-makers. Our topics of investigation are informed by close links with industry leaders, including our industry advisors. The Centre also seeks to break new ground by investing in the curation of high-quality data sets and data analytics, providing insights to the key governance issues of concern to practitioners.
“One only needs to read the financial press to realize the importance of good corporate governance to the functioning of industry, government and the not-for-profit sector. Stakeholders are concerned about excessive pay for CEOs, whether board directors are acting in the best interests of the firm, the role of activists and proxy advisors on the decision makers within the organizations, to name a few key issues.” Professor Margaret Abernethy, Sir Douglas Copland Chair of Commerce, Director, Melbourne Centre for Corporate Governance and Regulation.
“Corporate governance and how firms are regulated continue to be hot topics in Australia and globally. While everyone from titans of industry to the general public seems to have views on corporate governance, the reality is that much of the conventional wisdom has little basis in real evidence. The opportunity for the Centre to contribute in an independent perspective based on rigorous examination of the data is clear.” Professor Ian Gow, Director, Melbourne Centre for Corporate Governance and Regulation.
Former Dean of the Faculty, Professor Abernethy was appointed Member of the Order of Australia (AM) in this year’s Queen’s Birthday Honours list for her contributions to higher education and accounting research throughout her career and her commitment to student access and equity.
"For a while, there was a culture in the business environment of ‘the imperial CEO.’ Boards were incapable of reining in CEOs and their egos. That has changed," said Tabcorp and Healthscope Chairman, Paula Dwyer, at the Melbourne Centre for Corporate Governance and Regulation event.
New to the Faculty, Senior Accounting Lecturer Mario Schabus tells us why he's passionate about corporate governance and ultra-marathons, and what his students can expect to learn about strategic cost management in 2018....r of Management (Accounting)
UK companies are using the power of the pen to bamboozle shareholders into voting for big pay rises for their executives, research from the Melbourne Centre for Corporate Governance and Regulation reveals. We talk to researcher, Associate Professor Bo Qin, about the ‘say on pay’ debate.