How director ID numbers and restricted directorships could help stamp out phoenix activity in Australia – SmartCompany.com.au

Helen Anderson, Ian Ramsay, and Jasper Hedges, University of Melbourne, and Michelle Welsh, Monash University To stamp out illegal phoenix activity, directors should be required to have identification numbers. And, if theyve had many corporate failures, they should be classed in a new probationary category, our research shows. These are a few of several measures we have…