The Australian Securities Exchange (ASX) Corporate Governance Principles and Recommendations appear to be drafted to suit the needs of large listed companies with a widely dispersed shareholding spread. For example,

| August 14, 2017

The Australian Securities Exchange (ASX) Corporate Governance Principles and Recommendations appear to be drafted to suit the needs of large listed companies with a widely dispersed shareholding spread. For example, it is recommended that listed companies have a majority of independent directors with the chair being an independent director. To what extent are the Principles and Recommendations relevant for family controlled listed companies? Discuss.

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