MarketsEquity MarketsGovernanceOpinionAustralia’s best governance idea is being quietly revivedProposed ASX governance reforms are an overdue attempt to return to first principles after decades of box-ticking and compliance theatre.Andrew LumsdenContributorFor the first time since 2007, the ASX Corporate Governance Principles do something unusual – they get shorter.That is not deregulation. It is an attempt to restore Australia’s most successful governance idea: “if not, why not”.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In Equity marketsFetching latest articlesMost Viewed In Markets