I take offence to your roll over and surrender comment. Haven't done that, to suggest I have is wrong.
I was basing my opinion solely on the my understanding of the basics of corporate governance.
The basics I have to adhere to every day in my working life. The ones that say how a company must adhere to accounting standards. How they must adhere to the basic rules of corporation law. When you compare those to where the club was say a decade ago when they had no such plan in place they have improved our of sight. That the management have clear process to follow then it is a good thing
That was the only thing I was basing that comment on. The process for ensuring the day to day running of the company meets the required standards of corp law and they are solid
As for the other shenanigans you've mentioned. My view is that is a manipulation of the constitution by directors scared of losing power. While morally and ethically bankrupt, not against the "law". Sad but true. There is IMV a distinct and clear difference. You chose to not look at each scenario separately then that's your call
As for you loss of respect of my opinion, again our choice.
I quoted a definition of Corporate Governance in my previous post.
This goes beyond legal requirements into ethics and morality.
The "basics" of corporate governance that you talk about are indeed the LEGAL requirements.
But GOOD corporate governance goes beyond that into something more.
You say that a "company must adhere to accounting standards". I would dispute the word "must". In my reading of the business pages I have seen many recent cases where companies have been accused of NOT adhering to standards. IIRC one I mentioned on here referred to the dairy industry, to which you responded.
You seemed critical of Casey asking about the financial figures at the AGM. This does not accord with your professed devotion to how a "company must adhere to accounting standards".
Even you have been critical of the level of disclosure in the financial reports.
You talk about a plan. Fine, but the hard part is that the plan needs to be fulfilled.
The main part of the club's success since 2004 is that membership has doubled.
From what I have seen the board has improved in the way they do not (usually) spend money they do not have.
An improvement on pre 2004, but hardly "elite".