Conduct research about the ‘Centro case’, described in theAustralian Financial Review article by Adele Ferguson: “Dick Smithdirectors hit with legal action from receiver”.
Using the AREA framework, find parallels of the situation ofDick Smith with the Centro case. Discuss with your group in class,the role of the board of directors as well as their relationshipwith the executive management of a company and consider whetherdirectors should be held personally liable in these cases.
ANALYSE:(30-50words):Identify the issue and whyit matters. Detemine what you find out.
RESAERCH:(200-250 words): Present relevantfacts and evidence, or issues.
EVALUATE & ANSWER:(200-250 words): Provideyour opinion of these themes or issues you have identified,justified by the evidence you have gathered and evaluated.