Inside Asian Gaming
IAG DEC 2021年12月 亞博匯 55 專欄 company or its casino operations. This has the potential to bring into sharper focus the asymmetry previously alluded to. The special manager’s attention will be on the discharge of his functions, as detailed in both legislation and his instrument of appointment. His interest in commercial aspects of the business will likely be limited to matters which might threaten non-compliance with the law, or regulatory requirements. He will certainly not be driven by any imperative to maximize earnings, compete more aggressively for business or build shareholder value, other than by removing the stain of Finkelstein’s finding of unsuitability within his two- year term. It might be expected that if he is to err in judging what is in the best interests of the company, it will be on the conservative or lower-risk side. How might this affect Crown Melbourne’s business? For example, and without being too fanciful, it may require a complete reset of the company’s approach to the issue of gambling harm minimization. Its self-proclaimed “world’s best approach” to problem gambling was found by Finkelstein to be at odds with reality. A reset could conceivably impact the company’s advertising and promotional activities, see a wind-back of high limit slots and necessitate a fundamental rethink of its customer loyalty program. If the Board can’t be persuaded of the need for such changes, it would arguably be competent for the manager to simply direct the Board to implement suitably revised policies on the ground that the best interests of the company would be served by so doing. 集及其股東,他也不承擔任何信託責任。這不對稱性的關係出現 在一家有償付能力的澳洲公司,可謂是獨一無二的情況。 除了信託責任外,特別經理似乎也不會有承擔任何替代責任 的風險。在澳洲,企業董事對其管控的公司所作出的違法行需要 承擔責任,特別是在消費者保護、職業健康和安全、稅收、退休 金和環境保護等領域。該法案的計劃是免除特別經理對根據該法 規所做的任何事情的責任,或者將有關責任根據其他法例轉移到 州政府上。 特別經理向皇冠墨爾本發出具有約束力的指示的權力僅限於 某些特定情況,但他具有發出指示的一般權力,若他認為其指示 是為企業及其娛樂場業務的「最佳利益」出發,其判斷可以代替 董事會的判斷。這有可能使之前所提到的不對稱性的關係更為突 出。 該法案和其任命批文都詳細列明特別經理需將注意力放在 履行其職責上。他對企業的商業營運的關注僅限於可能威脅企業 不遵守法律的情況或監管要求事項。在兩年的任期內,除了消除 Finkelstein調查所發現的不合適問題外,特別經理肯定不會受到 任何要求,令該企收益最大化、更積極地在市場上作出競爭或增 加股東價值。可以預料的是,若他在判斷甚麼是最符合公司的最 佳利益時出錯,他會傾向作出較為保守或風險較低的決定。
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