Home → Publications → Reports → Trends and issues → The efficacy of civil penalty sanctions under the Australian corporations law
Trends & Issues in Crime and Criminal Justice
No. 136: The efficacy of civil penalty sanctions under the Australian corporations law
George Gilligan, Helen Bird & Ian Ramsay
ISBN 0 642 24129 5 ; ISSN 0817-8542 ; CRC 16/97-98
November 1999
- Download paper (PDF 58kB)
Abstract
Although civil penalties for the enforcement of directors' duties have been available to Australia securities regulators since 1993, they are rarely used. The authors identify four reasons for these developments, including resource constraints, relations with other regulatory agencies, availability of alternative sanctions, and concerns about the utility of civil penalties.
This paper is taken from the report of research undertaken with the assistance of a grant from the Criminology Research Council.
References
- Criminology Research Council
- Information on how to order this publication