Australian Institute of Company Directors, A$50

This is the 20th edition of this book and it remains essential reading for anyone in corporate leadership. Baxt recounts the main principles and fundamentals, but the book’s real worth lies in the discussion of recent changes in legislation and case law. Baxt disdains the steady shift towards reversing the onus of proof, but notes that directors and officers have to be aware of it, as well as the burgeoning field of class actions and related litigation.