Trust, as Roy Morgan Australia CEO Michelle Levine sees it, is key
Roy Morgan’s most recent survey of Australia’s top and suspect brands contained some compelling data. Several of the top 20 brands are related to well-known companies. . .
Qantas (ASX: QAN) its litany of problems is elegantly summed up in this recent telegram from Investment Management’s Roger.
AGL Energy’s (ASX: AGL) results for FY23 show that the company is in its transition phase.
This is not the kind of news that made headlines in 2015, when its Samarco joint venture in Brazil (with Vale as a partner) reported deaths and losses from the collapse of its tailings dam. But the effect of this The occasion is still felt. On Monday, September 4, BHP announced that it had obtained court approval for the restructuring of the joint venture, paving the way for a $3. 7 billion debt restructuring.
Knowing that many of those occasions are long-term in nature (and not limited to 2023), what is the market verdict, as reflected in the 1-year percentage price?Using the ASX One Hundred as a benchmark to measure expansion (7. 11% over 12 months to September 1, 2023), the charts below reveal some unexpected results.
For the most cautious brands, year after year, the functionality of the percentage value has matched the broader sentiment of the network, as indicated by the Roy Morgan Australia study.
Of course, this can be combined with today’s story about Alan Joyce’s early departure.
A second step is a Board-mandated review, which would possibly be internal, but will also cause the Board to request a third-party review or investigation of the company’s currency. The report would possibly be made public through a communication to the ASX. They may also simply remain conscientiously locked up for reasons of legal privilege. Boards will also be aware of the possibility of having been caught seeking adjustments to the independent report, as happened in AMP (ASX: AMP) regarding their “fees for no service report.
At some point in this cycle, the 4A’s (the regulators: ASIC, APRA, ACCC and AUSTRAC) could simply publish an announcement about their supervisory or regulatory activities. Several stories of good fortune in attracting movements opposed to companies.
At that point, one or more stylish moves among shareholders or consumers may just be announced.
The last step is to review the board’s threat log. Adding “distrust” to the board’s threat record was Michelle Levine’s most recent suggestion as a way forward. This means that the board recognizes that public distrust can lead to negative outcomes for the company. This generates activity within the company to identify and mitigate this threat.
What is measured is managed. At last.