Corporate governance aicd

What is the role of artificial intelligence in corporate governance?
AI simplifies corporate governance by facilitating data-driven decision making.
By feeding relevant data into AI decision-making tools, companies can analyze patterns and trends, enabling more efficient approaches to operations..
What is the role of the AICD?
The Australian Institute of Company Directors (AICD) is committed to strengthening society through world-class governance.
We aim to be the independent and trusted voice of governance, building the capability ofa community of leaders for the benefit of society..

The Corporate Governance Framework is a comprehensive map of boardroom responsibilities, competencies and processes.

“…the framework of rules, relationships, systems and processes within and by which authority is exercised and controlled in corporations. It encompasses the mechanisms by which companies, and those in control, are held to account.”

Board

The second quadrant reflects the practices and competencies of individual directors in relation to the whole board – their commitment to the successful f…

Organisational

This quadrant focuses on the responsibilities of directors in relation to the performance of the organisation, including those of senior executives. There is a …

Stakeholder

This quadrant focuses on the essential interaction between directors and stakeholders. This encompasses the outward focus directors need to take into acc…

Applying The Corporate Governance Framework

The Framework provides the basis for a common language regarding director practices. With increased use over time, and broad take-up, it has the c…

What are AICD's not-for-profit governance principles?

AICD’s Not-For-Profit Governance Principles (2nd edition)

The AICD benchmarks against both sets of Principles in this Statement as part of its commitment to preserving member confidence and continually improving its reporting to its stakeholders

There is no universal formula for good corporate governance

What does the AICD board do?

Consistent with the AICD’s Purpose to ‘strengthen society through world class governance’ in alignment with the AICD’s NFP status, the Board is conscious of its role in facilitating the improvement of governance for the benefit of the AICD’s members, stakeholders and the wider community

What is the Australian Institute of Company Directors (AICD)?

We are the largest director membership organisation in the world

We develop the skills and capabilities of leaders for the benefit of society

We strengthen society through world-class governance

At the Australian Institute of Company Directors (AICD), we help leaders to run their organisations better

The AICD is a federation of seven State divisions, each of which is represented on a National Council. Overall governance of the AICD is in the hands of its National Council which is comprised of the seven division Presidents, plus a National President, two National Vice- Presidents and a National Treasurer.