Towards Effective Corporate Governance from Source to Endpoint

This paper expands on the duties of directors and overarching corporate governance management for statutory owned corporations (SOCs) in the context of risk management. SOCs need to fully understand their operating context if they are to holistically understand and manage risks. The ‘Frameworks’ within contemporary Australian water cycle guidance, such as the Australian Drinking Water Guidelines, note that enterprises must understand their water ‘products’ from catchment to consumer to ensure that risks are properly identified and managed.

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