Boardrooms take the slow boat to Asia

Article Abstract:

Australian companies are focusing on opportunities in Asia, yet they have a poor record for recruiting Asians for senior executive positions. There are only 11 directors that were born in Asia employed by Australia's top 100 publicly traded companies. While some Australian companies have subsidiary boards of directors to overlook overseas operations, most Australian companies eschew this form of corporate governance as local boards are considered difficult to control.

Management Recruitment, Australia, Corporate directors, Corporate governance, Demographic aspects, Employee recruitment, Managers

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In a one-world order, contradictions of capital take on a new significance

Article Abstract:

Currency Dynamics senior consultant Dan Osborne advises financial managers to learn how to respond to market changes rather than attempt to predict them. Managers should learn strategies similar to those used by traders, such as advance planning for the worst outcome and acting on deals when the market is favorable. Managers should also ensure that foreign-exchange management is in agreement with company requirements.

Foreign Currency Management, Methods, Management, Foreign exchange, Financial management, Foreign exchange market

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