Surviving financial crises: a study of the Australian Government securities market. This project assesses the capacity of the Australian Government securities market to meet investor demand in times of financial crises. The outcomes will provide governments in Australia and other countries with the necessary tools to enhance the efficiency of securities markets and to flag liquidity problems in a timely manner.
Governance and the investment performance of not-for-profit endowments. Governance and the investment performance of not-for-profit endowments. This project aims to examine the relation between performance and governance for Australian not for profit (NFP) endowments. The not-for-profit sector now accounts for over 4 per cent of the gross domestic product (GDP) (almost $43 billion) and employs volunteers who contribute an additional $14.6 billion in unpaid work. Little research has been done on ....Governance and the investment performance of not-for-profit endowments. Governance and the investment performance of not-for-profit endowments. This project aims to examine the relation between performance and governance for Australian not for profit (NFP) endowments. The not-for-profit sector now accounts for over 4 per cent of the gross domestic product (GDP) (almost $43 billion) and employs volunteers who contribute an additional $14.6 billion in unpaid work. Little research has been done on the investment performance of the endowments held by NFPs, even though this is an important contributor to their revenues. Expected outcomes include a publicised set of principles and periodically updated index of endowment governance quality, and attendant improvement in NFP investment management.Read moreRead less
ARC Financial Integrity Research Network. The integrity of the financial system is constantly under stress because of the development of ever more complex financial instruments, structures and strategies, and the associated research technologies that continues to accelerate worldwide. FIRN's vision is to harness the considerable strengths of Australia's internationally renowned finance, accounting and economics researchers into a research agenda to address issues concerning the integrity of the ....ARC Financial Integrity Research Network. The integrity of the financial system is constantly under stress because of the development of ever more complex financial instruments, structures and strategies, and the associated research technologies that continues to accelerate worldwide. FIRN's vision is to harness the considerable strengths of Australia's internationally renowned finance, accounting and economics researchers into a research agenda to address issues concerning the integrity of the financial system. It will enable Australian research in this area to match the scale and impact of similar research in other major international financial centres, and play an essential role in placing Australia among the world's leaders in financial markets related research.Read moreRead less
The Role of Directors in CorporateTakeovers. This research deals with one of the causes and consequences of mergers and acquisitions (M&A) for boards of directors of companies involved in M&As. The Federal Government's Corporate Law and Economic Reform Program (CLERP), Paper No:3 states that corporate governance practices by Australian companies should be continuously monitored by the Australian Stock Exchange and relevant industries and professional bodies. Our research on the extent to which ....The Role of Directors in CorporateTakeovers. This research deals with one of the causes and consequences of mergers and acquisitions (M&A) for boards of directors of companies involved in M&As. The Federal Government's Corporate Law and Economic Reform Program (CLERP), Paper No:3 states that corporate governance practices by Australian companies should be continuously monitored by the Australian Stock Exchange and relevant industries and professional bodies. Our research on the extent to which directors get penalised and/or rewarded for acquisition decisions depending on the outcomes of the M&A, contribute towards this monitoring.Read moreRead less
Schemes of arrangement versus takeovers: implications of the choice for shareholders and directors. This project examines the use of schemes of arrangement in acquisitions. Do they disadvantage target shareholders through lower takeover premiums and less takeover competition? The results of the project will indicate whether reforms are needed to Australian takeover legislation to create a level playing field between takeover bids and schemes.
Shareholder voting at Australian annual general meetings. The Australian Corporations Act requires public companies to hold an annual general meeting (AGM) of shareholders. This project aims to address several important issues regarding the integrity, transparency, effectiveness and consequences of voting at Australian AGMs in relation to: show of hands voting, AGM characteristics and technology use, and director elections. As there is limited prior research on these matters this project expects ....Shareholder voting at Australian annual general meetings. The Australian Corporations Act requires public companies to hold an annual general meeting (AGM) of shareholders. This project aims to address several important issues regarding the integrity, transparency, effectiveness and consequences of voting at Australian AGMs in relation to: show of hands voting, AGM characteristics and technology use, and director elections. As there is limited prior research on these matters this project expects to generate significant new knowledge. The project outcomes will provide significant benefits as the findings will support moves towards best practice in governance and thereby enhance public confidence in the integrity of the Australian financial market.Read moreRead less
Enhancing outcomes for young people in out-of-home care who self-place. This project aims to enhance the safety and well-being of young people in out-of-home care who leave formal placements to stay in unapproved locations. The significance lies in the development of new knowledge with this group of young people about their needs and of factors shaping effective responses to them. Expected outcomes include the generation of policies and practices to reduce the drivers of young people leaving a ....Enhancing outcomes for young people in out-of-home care who self-place. This project aims to enhance the safety and well-being of young people in out-of-home care who leave formal placements to stay in unapproved locations. The significance lies in the development of new knowledge with this group of young people about their needs and of factors shaping effective responses to them. Expected outcomes include the generation of policies and practices to reduce the drivers of young people leaving approved placements and to address the support and protective needs of young people when staying in unapproved locations. The benefits include improved social and economic inclusion of young people in out-of-home care and reduced socio-economic burdens on health and justice systems associated with placement breakdown. Read moreRead less
The big gamble: an interdisciplinary study of the normalisation of gambling. This project aims to explore industry and socio-cultural factors that contribute to the normalisation of gambling. Gambling is recognised as an urgent public health issue in Australia, posing a health threat to individuals and communities. However, there is limited empirical evidence about the processes that may contribute to the normalisation of different forms of gambling. This project aims to explore the interplay be ....The big gamble: an interdisciplinary study of the normalisation of gambling. This project aims to explore industry and socio-cultural factors that contribute to the normalisation of gambling. Gambling is recognised as an urgent public health issue in Australia, posing a health threat to individuals and communities. However, there is limited empirical evidence about the processes that may contribute to the normalisation of different forms of gambling. This project aims to explore the interplay between the sophisticated promotional tactics used by the gambling industry, and the socio-cultural mechanisms which may interact with these promotional tactics to normalise gambling beliefs in youth, women, and older adults. This project expects to help local governments and related stakeholders develop a comprehensive range of public health strategies aimed at preventing the risks and harms posed by the normalisation of gambling.Read moreRead less
An assessment of late night alcohol restrictions in Queensland. An assessment of late night alcohol restrictions in Queensland. This project aims to assess the effect of 2.00am cease of alcohol service for licensed venues across Queensland, identify modifiable elements and develop policy advice. Alcohol-related harm is a major social order issue which requires evidence-based policy. Using the most sophisticated models to date—including outlet density, enforcement, demographic variables and other ....An assessment of late night alcohol restrictions in Queensland. An assessment of late night alcohol restrictions in Queensland. This project aims to assess the effect of 2.00am cease of alcohol service for licensed venues across Queensland, identify modifiable elements and develop policy advice. Alcohol-related harm is a major social order issue which requires evidence-based policy. Using the most sophisticated models to date—including outlet density, enforcement, demographic variables and other variables—this project will build unique datasets, including archival data, foot-traffic counting, key stakeholder and patron interviews, to evaluate the effect of alcohol restrictions and identify policy lessons for other jurisdictions in Australia and internationally.Read moreRead less
Does risk-based licensing of alcohol sales reduce alcohol-related harm? Alcohol-related harm is a major public health and social order issue which requires sophisticated evidence-based policy. This project capitalises on a unique window of policy adoption across Australia to investigate the introduction of risk-based licensing schemes for the sale of alcohol, assessing their impacts, identifying modifiable elements and developing policy advice. There is an urgent need for evidence about which in ....Does risk-based licensing of alcohol sales reduce alcohol-related harm? Alcohol-related harm is a major public health and social order issue which requires sophisticated evidence-based policy. This project capitalises on a unique window of policy adoption across Australia to investigate the introduction of risk-based licensing schemes for the sale of alcohol, assessing their impacts, identifying modifiable elements and developing policy advice. There is an urgent need for evidence about which interventions are effective, and which of these can survive the political process. It builds on the team’s extensive work and unique datasets around alcohol policy and licensed venues to analyse archival data, key stakeholder interviews and venue observations in three states, using the most up-to-date and reliable methods.Read moreRead less