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Background: Australias two strikes rule empowers shareholders to vote on a board spill if the...

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Accounting

Background:

Australias two strikes rule empowers shareholders to vote on a board spill if the remuneration report of a public company receives 25% or more dissenting votes for two consecutive years. Say on pay legislation has been introduced in several countries but the Australian version is unique.

Required:

Now based on your findings in Question (3) of your submitted group assignment, use the chosen Australian publicly listed company to:

  1. Evaluate the Australias two strikes rule. You are required to consider and analyse BOTH the potential benefits and unintended consequences (e.g., negative impact or limitations) of the two strikes rule.

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