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  <title>Institute of Directors News</title>
  <link><![CDATA[http://www.iod.org.nz/]]></link>
  <description>Latest news from the Institute of Directors in New Zealand.</description>  
  

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     <title><![CDATA[Access to Members' area and Online registrations]]></title>

     <description><![CDATA[Access to the Members' area and online registrations (branch events and professional development courses) will be unavailable from 3pm Monday 6 October to 5pm Wednesday 8 October to enable a site upgrade.  Our apologies for any inconvenience this may cause.]]></description>

     <pubdate>6/10/2008 3:00:00 p.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Access%20to%20Members_%20area%20and%20On.aspx]]></link>     

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     <title><![CDATA[Voice of experience or silly old codgers?]]></title>

     <description><![CDATA[Read Nicki Crauford's latest article (DominionPost 29 September 2008).  Age is often cited as a determinant of suitability for office, youth being synonymous with inexperience and advanced years as an indicator of obsolescence.
]]></description>

     <pubdate>29/09/2008 11:00:00 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Voice%20of%20experience%20or%20silly%20o.aspx]]></link>     

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     <title><![CDATA[NBR, 26 September 2008, Table Talk by Nicki Crauford]]></title>

     <description><![CDATA[Funds used to play their proxy moves in private, leaving corporates and other investors guessing about their voting stances until the annual meeting.  Expect that era to fade.]]></description>

     <pubdate>26/09/2008 2:00:00 p.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/NBR,%2026%20September%202008,%20Table.aspx]]></link>     

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     <title><![CDATA[Company success starts at the top]]></title>

     <description><![CDATA[The Independent (18 September 2008), In a time of corporate chaos and failed leadership, Nicki Crauford ponders the most important hiring decision - the boss.]]></description>

     <pubdate>18/09/2008 11:00:00 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Company%20success%20starts%20at%20the.aspx]]></link>     

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     <title><![CDATA[NBR, 29 August 2008, Table Talk by Nicki Crauford]]></title>

     <description><![CDATA[Paying for performance - PhiTrust Active Investors, the Paris-based fund manager, has come up with a no-nonsense approach to end fat executive payouts at companies that lose money.]]></description>

     <pubdate>29/08/2008 4:30:02 p.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/NBR,%2029%20August%202008,%20Table%20Tal.aspx]]></link>     

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     <title><![CDATA[Sports gold - and not at the Olympics]]></title>

     <description><![CDATA[Read Nicki Crauford's latest article (DominionPost 18 August 2008). As we take in the pageantry and competition of the Beijing Olympics, it is timely to reflect on governance in sport.]]></description>

     <pubdate>18/08/2008 11:00:00 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Sports%20gold%20-%20and%20not%20at%20the%20O.aspx]]></link>     

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     <title><![CDATA[NBR, 18 July 2008, Table Talk by Nicki Crauford]]></title>

     <description><![CDATA[How to keep baby boomers - Don’t make assumptions that your senior workers want to retire completely...]]></description>

     <pubdate>21/07/2008 9:00:00 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/How%20to%20keep%20baby%20boomers.aspx]]></link>     

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     <title><![CDATA[Why two into one doesn't always go]]></title>

     <description><![CDATA[Read Nicki Crauford's DominionPost article (23 June 2008). Electing a director to the dual role of company chief executive and chairman of the board is a route that may seem attractive but it can lead to potential difficulties]]></description>

     <pubdate>23/06/2008 12:00:00 p.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Why%20two%20into%20one%20doesn_t%20alway.aspx]]></link>     

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     <title><![CDATA[Disclosure always pays]]></title>

     <description><![CDATA[Read Nicki Crauford's NBR article. (20 June 2008).]]></description>

     <pubdate>20/06/2008 11:21:26 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Disclosure%20always%20pays.aspx]]></link>     

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     <title><![CDATA[New Zealand's Political Economy]]></title>

     <description><![CDATA[Read an article by Kerry McDonald published in the June edition of the IoD's Boardroom magazine.]]></description>

     <pubdate>9/06/2008 9:01:37 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/New%20Zealand_s%20Political%20Econom.aspx]]></link>     

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     <title><![CDATA[Nationalising the rail]]></title>

     <description><![CDATA[Read Nicki Crauford's article in the NBR (23 May 2008).  Restored government ownership of the railway operations will present some interesting issues to the incoming board]]></description>

     <pubdate>26/05/2008 10:14:42 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Nationalising%20the%20rail.aspx]]></link>     

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     <title><![CDATA[It's not just the shareholders holding the whip]]></title>

     <description><![CDATA[Read Nicki Crauford's article in the Independent Financial Review (21 May 2008). Directors must act in the company's best interests, and that can include considering its effect on wider society.
]]></description>

     <pubdate>22/05/2008 12:15:28 p.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/It_s%20not%20just%20the%20shareholders.aspx]]></link>     

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     <title><![CDATA[Financial Advisors Bill]]></title>

     <description><![CDATA[Read the submission from the Institute of Directors on the additional consultation document released during April relating to the Financial Advisors Bill.
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     <pubdate>19/05/2008 2:05:49 p.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Financial%20Advisors%20Bill.aspx]]></link>     

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     <title><![CDATA[Managing Conflict]]></title>

     <description><![CDATA[Read Nicki Crauford's DominionPost article on Managing Conflict (12 May 2008). Conflict of interest in the boardroom can represent a minefield for directors in a country with such a small population as New Zealand]]></description>

     <pubdate>13/05/2008 9:59:08 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Managing%20Conflict.aspx]]></link>     

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     <title><![CDATA[Conflicts of interest]]></title>

     <description><![CDATA[Read Nicki Crauford's article in the NBR (24 April 2008).  A simple pre-requisite for all board members is that they must rigorously and regularly check their own and each other’s interests for possible conflicts]]></description>

     <pubdate>28/04/2008 9:25:09 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Conflicts%20of%20interest%20(1).aspx]]></link>     

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     <title><![CDATA[Poor governance lowers share price]]></title>

     <description><![CDATA[Read Nicki Crauford's article in the NBR (11 April 2008).  Companies that persistently flout corporate governance rules often make bad stock market investments.]]></description>

     <pubdate>14/04/2008 9:10:04 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Poor%20governance%20lowers%20share%20p.aspx]]></link>     

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     <title><![CDATA[Balance essential to governance of co-operative enterprise]]></title>

     <description><![CDATA[Read Nicki Crauford's DominionPost article on governance of co-operative enterprises (7 April 2008).]]></description>

     <pubdate>8/04/2008 10:52:37 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Balance%20essential%20to%20governanc.aspx]]></link>     

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     <title><![CDATA[Board basics: Add value]]></title>

     <description><![CDATA[Read Nicki Crauford's article in the Independent Financial Review (26 March 2008).  A board's first priority is adding value to a commercial enterprise.]]></description>

     <pubdate>27/03/2008 10:47:54 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Board%20basics_%20Add%20value.aspx]]></link>     

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     <title><![CDATA[Say on Pay]]></title>

     <description><![CDATA[Read Nicki Crauford's DominionPost article (7 February 2008). One issue which currently is very much alive in international governance is the “say on pay” movement, which is pressing for shareholder capability to propose and pass advisory motions on CEO and board remuneration. ]]></description>

     <pubdate>7/02/2008 10:08:57 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Say%20on%20Pay.aspx]]></link>     

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     <title><![CDATA[Directors and Board Diversity]]></title>

     <description><![CDATA[Read Nicki Crauford's article in the Independent Financial Review (30 January 2008). Calling for diversity on company boards is an attractive and easily made statement. It sounds so correct and incontrovertible. 
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     <pubdate>1/02/2008 11:09:58 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Directors%20and%20Board%20Diversity.aspx]]></link>     

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     <title><![CDATA[Directors walk fine line when companies fail]]></title>

     <description><![CDATA[Read Nicki Crauford's DominionPost article (22 November 2007). Failure is part of business. Some companies will thrive, others will fail. ]]></description>

     <pubdate>28/11/2007 1:15:50 p.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Directors%20walk%20fine%20line%20when.aspx]]></link>     

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     <title><![CDATA[Of Nails and Finance Companies...]]></title>

     <description><![CDATA[Read Nicki Crauford's latest DominionPost article which comments on the recent spate of collapses among New Zealand's finance companies.]]></description>

     <pubdate>9/10/2007 3:40:47 p.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Nails%20and%20Finance%20Companies.aspx]]></link>     

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     <title><![CDATA[2007 Distinguished Fellows]]></title>

     <description><![CDATA[Distinguished Fellow Awards are presented annually to members who have sustained a prominent and distinguished career as a director; or who have given outstanding participation and services to the IoD or eminent or special contributions to the community or business.

The Institute of Directors is pleased to announce the following Distinguished Fellows for 2007.
]]></description>

     <pubdate>3/10/2007 10:45:29 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Institute%20of%20Directors%20Announc.aspx]]></link>     

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     <title><![CDATA[Business Briefing]]></title>

     <description><![CDATA[Read Nicki Crauford's address to the New Zealand Business & Parliament Trust on 18 September.]]></description>

     <pubdate>19/09/2007 3:50:24 p.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Business%20Briefing.aspx]]></link>     

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     <title><![CDATA[A Note on Directors and their Role]]></title>

     <description><![CDATA[Read an article from the September edition of the IOD's monthly magazine, Boardroom, by Kerry McDonald and Richard Baker, which makes some observations on the role of directors given two recent examples of less than stellar corporate performance - Bridgecorp and Stresscrete.]]></description>

     <pubdate>5/09/2007 1:25:16 p.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/A%20Note%20on%20Directors%20and%20their.aspx]]></link>     

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     <title><![CDATA[Good Governance benefits all organisations]]></title>

     <description><![CDATA[Read Nicki Crauford's DominionPost article (20 August 2007). Recent governance news from England draws an interesting parallel for New Zealand. ]]></description>

     <pubdate>22/08/2007 12:01:39 p.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Good%20Governance%20benefits%20all%20o.aspx]]></link>     

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     <title><![CDATA[The Midavia Settlement]]></title>

     <description><![CDATA[Read Nicki Crauford's article in the Independent Financial Review (11 July 2007).  The recently announced settlement of the Securities Commission’s action against Midavia Rail Investments Limited BVBA and David Richwhite is interesting for three reasons.]]></description>

     <pubdate>12/07/2007 3:14:13 p.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/The%20Midavia%20Settlement.aspx]]></link>     

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     <title><![CDATA[Finding new directors]]></title>

     <description><![CDATA[Follow this link to read Nicki Crauford's comments in the Herald on finding directors in New Zealand]]></description>

     <pubdate>2/07/2007 1:31:38 p.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Finding%20new%20directors.aspx]]></link>     

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     <title><![CDATA[Putting Your Faith in Directors of the State]]></title>

     <description><![CDATA[Read Richard Baker's DominionPost Article (25 June 2007).
Peter Drucker, the original management guru, remarked that whenever you see a successful business someone once made a courageous decision. Good decisions preface business success and quality decision making is the hallmark of an effective board of directors. ]]></description>

     <pubdate>26/06/2007 11:49:37 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Putting%20Your%20Faith%20in%20Director.aspx]]></link>     

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     <title><![CDATA[Directors must rise to challenge]]></title>

     <description><![CDATA[Read Nicki Crauford's DominionPost article (21 May 2007). Much has been written on the challenge of raising and maintaining New Zealand’s living standards and prosperity in a globalised world economy.]]></description>

     <pubdate>21/05/2007 4:52:15 p.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Directors%20must%20rise%20to%20challen.aspx]]></link>     

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     <title><![CDATA[Directors' Details]]></title>

     <description><![CDATA[The IoD has emailed all of its members requesting views on any issues relating to the disclosure of director information on the Companies Office Register.]]></description>

     <pubdate>11/05/2007 3:09:42 p.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Directors_%20Details.aspx]]></link>     

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     <title><![CDATA[Trust and Conflicts of Interest]]></title>

     <description><![CDATA[Read Nicki Crauford's latest article in the DominionPost 9 April 2007. 

Governance, at its essence, is all about the simple human quality of trust. One person entrusts another with assets of value to own and operate in accordance with an agreed set of expectations. 
]]></description>

     <pubdate>11/04/2007 10:08:27 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Trust%20and%20Conflicts%20of%20Interes.aspx]]></link>     

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     <title><![CDATA[Conflicts of Interest]]></title>

     <description><![CDATA[Read the transcript of Richard Baker's contribution to the panel discussion on conflicts of interest and the ADHB, National Radio Afternoon with Jim Mora, 29 March 2007.]]></description>

     <pubdate>30/03/2007 2:37:01 p.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Conflicts%20of%20Interest.aspx]]></link>     

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     <title><![CDATA[The Weldon Debate]]></title>

     <description><![CDATA[Read Nicki Crauford's article published on line in the New Zealand Herald (22 March 2007).
The current furore raging around NZX and its chief executive overlooks an important issue which has only partially surfaced in the discussion to date. ]]></description>

     <pubdate>23/03/2007 11:16:41 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/The%20Weldon%20Debate.aspx]]></link>     

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     <title><![CDATA[Governance Snippet ]]></title>

     <description><![CDATA[Regulation is often bemoaned in governance circles. Cost, complexity and risk see companies delisting from public exchanges or relocating to less stringently governed locations. Sarbanes-Oxley is a common culprit. Nice then to see some evidence which pricks this orthodox thinking!]]></description>

     <pubdate>9/02/2007 10:15:42 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Governance%20Snippet%20(7%20February.aspx]]></link>     

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     <title><![CDATA[SOX and Globalisation]]></title>

     <description><![CDATA[Read Nicki Crauford's latest DominionPost article (5 February 2007) on the Sarbanes-Oxley Act 2002 and globalisation.]]></description>

     <pubdate>8/02/2007 3:09:36 p.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/SOX%20and%20Globalisation.aspx]]></link>     

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     <title><![CDATA[Nicki Crauford - Vector Resignations]]></title>

     <description><![CDATA[Read the transcript of IoD's Nicki Crauford discussing the Vector resignations on National Radio's Morning Report on Monday 18 December 2006]]></description>

     <pubdate>18/12/2006 11:09:50 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Nicki%20Crauford%20-%20Vector%20Resign.aspx]]></link>     

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     <title><![CDATA[Richard Baker - Vector Resignations]]></title>

     <description><![CDATA[Read the transcript of IoD's Richard Baker discussing the Vector resignations on National Radio's Afternoon Panel programme on Thursday 14 December 2006]]></description>

     <pubdate>18/12/2006 11:07:17 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Richard%20Baker%20-%20Vector%20Resigna.aspx]]></link>     

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     <title><![CDATA[2006 Distinguished Fellows]]></title>

     <description><![CDATA[The Institute of Directors is pleased to announce the following Distinguished Fellows for 2006.
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     <pubdate>13/12/2006 7:09:03 p.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Archived%20news%20and%20articles/2006%20Distinguished%20Fellows.aspx]]></link>     

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     <title><![CDATA[Governance more than compliance]]></title>

     <description><![CDATA[(Dominion Post 13/11/2006) Dr Crauford, CEO of the Institute of Directors responds to Brian Gaynor's NZ Herald article "Directors need entrepreneurial spirit" of September 30th.
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     <pubdate>13/11/2006 7:16:19 p.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/xx.aspx]]></link>     

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     <title><![CDATA[Some thoughts on the Contact Resolutions]]></title>

     <description><![CDATA[(Dominion Post 18/09/2006) Dr Crauford, CEO of the Institute of Directors talks about protecting a companies best interests. ]]></description>

     <pubdate>18/09/2006 12:00:00 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Archived%20news%20and%20articles/Dominion%20Post%20-%20Keeping%20a%20Rela.aspx]]></link>     

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     <title><![CDATA[Low Fees Reflect Conservatism]]></title>

     <description><![CDATA[(Dominion Post 07/08/2006) Dr Crauford, CEO of the Institute of Directors discusses directors remuneration. ]]></description>

     <pubdate>7/08/2006 12:00:00 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Dominion%20Post%20-%20Low%20Fees%20Refle.aspx]]></link>     

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     <title><![CDATA[A Guide to Becoming a Director]]></title>

     <description><![CDATA[(Dominion Post 19/06/2006) Dr Crauford, CEO of the Institute of Directors gives a guide to becoming an independant non-executive director in a privately owned company. ]]></description>

     <pubdate>19/06/2006 12:00:00 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Dominion%20Post%20-%20A%20Guide%20to%20Bec.aspx]]></link>     

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     <title><![CDATA[Three Golden Rules Put Thinkers on Board]]></title>

     <description><![CDATA[(Dominion Post 16/05/2006) Dr Crauford, CEO of the Institute of Directors discusses three main requirements for the role of a director. ]]></description>

     <pubdate>16/05/2006 12:00:00 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Dominion%20Post%20-%20Three%20Golden%20R.aspx]]></link>     

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     <title><![CDATA[A League of Extraordinary Gentlemen]]></title>

     <description><![CDATA[(Dominion Post 07/03/2006) Dr Crauford, CEO of the Institute of Directors discusses a governance case study on the Warriors Rugby League CLub board of directors. ]]></description>

     <pubdate>7/03/2006 12:00:00 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Dominion%20Post%20-%20League%20of%20Extr.aspx]]></link>     

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     <title><![CDATA[The role of Board Committees]]></title>

     <description><![CDATA[(Dominion Post 16/01/2006) Dr Crauford, CEO of the Institute of Directors. 

]]></description>

     <pubdate>16/01/2006 12:00:00 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Archived%20news%20and%20articles/Dominion%20Post%20-%20Board%20Committe.aspx]]></link>     

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     <title><![CDATA[An Overly Cautious Board is of No Value]]></title>

     <description><![CDATA[(Dominion Post 12/12/2005) Dr Crauford, CEO of the Institute of Directors talks about boards' responsibilities and the role of the board in adding value.   ]]></description>

     <pubdate>12/12/2005 12:00:00 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Dominion%20Post%20-%20Overly%20Cautiou.aspx]]></link>     

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     <title><![CDATA[Provenco, insider trading and regulators]]></title>

     <description><![CDATA[(Dominion Post 07/11/2005)]]></description>

     <pubdate>7/11/2005 4:30:02 p.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Archived%20news%20and%20articles/Provenco.aspx]]></link>     

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     <title><![CDATA[Directors Make a Difference]]></title>

     <description><![CDATA[(Dominion Post 26/09/2005) Dr Crauford, CEO of the Institute of Directors talks about how directors can make a difference. ]]></description>

     <pubdate>26/09/2005 12:00:00 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Archived%20news%20and%20articles/Dominion%20Post%20-%20Directors%20Make.aspx]]></link>     

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     <title><![CDATA[Variations on a Value Theme]]></title>

     <description><![CDATA[One way to view business is to see it as risk selection. Successful companies concern themselves only with risks they understand and that they can run profitably (idiosyncratic risk). Risks that are not understood, measurable or controllable are transferred, hedged or otherwise minimised (non-idiosyncratic risk). ]]></description>

     <pubdate>1/08/2005 11:38:08 a.m.</pubdate>

     <link><![CDATA[http://www.iod.org.nz/Home/Articles/Press%20Releases/Variations%20on%20a%20Value%20Theme.aspx]]></link>     

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