Director identity, identification and information flows as predictors of board monitoring, resource provision and organisational performance

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Improving the corporate governance of companies has the potential to significantly and profoundly improve our national wealth and social capital. A 0.5% performance gain in listed companies would create an extra $50B for the 55% of Australians that invest in equity markets. Systemic governance improvements can lower the cost of capital for the nation, thus improving our international competitiveness. Our findings equally apply to the important not-for-profit sector. Finally, corporate collapses harm shareholders, employees, suppliers creditors and the general community. Quite simply, the ethical and social fibre of society reflects the ethics and values of corporations built into our governance system.