The final version of the fourth edition of the ASX Corporate
Governance Principles and Recommendations was released in February
2019. The following email provides further insight on the proposed
changes and recommendations which will take effect for an
entity’s first full financial year commencing on or after 1
January 2020.
Although these principles and recommendations are prepared for
ASX listed entities, they also represent best practice for private
companies and can be used as a starting point for such entities
looking to achieve best practice.
This edition has the same structure, being eight core
principles, supporting recommendations, and commentary with
guidance on implementing the recommendations. The fourth edition
also maintains the same flexible, non-mandatory ‘if not, why
not’ approach to disclosure as in the prior edition.
