Telstra's corporate governance analysis 2006
Telstra indicated a few important parts of the corporate governance in 2006 annual report including the board of directors, audit governance and financial reporting, risk management, and code of conduct and other policies. Firstly, Telstra currently has 8 directors on the board, and Telstra set a list of roles and responsibilities for these board members according to ASX (Telstra website). With the exception of CEO, all other board directors are non-executive directors therefore Telstra's board is mostly considered to be independent (Telstra website). The purpose of this arrangement is to ensure the board directors excepted CEO free from management, business relationship and avoid the conflict of interests thereby to act as the independent overseeing the organization. However, because they are independent and free from management and business activities, so they could be less knowledge, skill and experience of the business, thus those......

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Title: Enterprise Risk Management
Approximate Word Count: 2134
Approximate Pages: 9 (250 words per double-spaced page)

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