Dr Kym Sheehan

BA Qld LLB (Hons) QUT Grad Cert Law QUT Grad Dip Law College of Law Phd Melbourne
Senior Lecturer

F10 - Law School (Camperdown)
The University of Sydney

Telephone +61 2 8627 4660
Fax +61 2 9351 0200

Biographical details

Kym Sheehan first became interested in executive remuneration in 1994 when she started working as an Associate at an executive search firm. She continued her interests in executive remuneration and its regulation via a PhD on say on pay at the Melbourne Law School.

Research interests

  • Executive remuneration
  • Shareholder proposals
  • Board skills
  • Corporate governance
  • Corporate law
  • ESG
  • Modern slavery: company and investor responses

Teaching and supervision

  • Contract law
  • Corporate law
  • Corporate governance
  • Empirical legal research

Current projects

  • The Financial Services Human Rights Benchmark and Database
  • Executive remuneration
  • Shareholder resolutions in Australia: Is there a better way?
  • Board skills in Australian listed companies with a consumer focus
  • Investor values
  • A Modern Slavery Act for Australia?

Associations

  • Barrister and Solicitor, Victoria

Selected grants

2012

  • The role of proxy and governance advisers in corporate governance.; Sheehan K; Australian Research Council (ARC)/Discovery Projects (DP).

Selected publications & creative works

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Books

  • Sheehan, K. (2012). The Regulation of Executive Compensation: Greed, Accountability and Say on Pay. United Kingdom: Edward Elgar Publishing.

Book Chapters

  • Sheehan, K. (2018). Executive Remuneration in Listed Companies and Wage Setting. In Andrew Stewart, Jim Stanford, Tess Hardy (Eds.), The Wages Crisis in Australia: What it is and what to do about it, (pp. 143-156). Adelaide: University of Adelaide Press.
  • Sheehan, K. (2012). Say on Pay and the Outrage Constraint. In R Thomas and J Hill (Eds.), Research Handbook on Executive Pay, (pp. 255-283). Cheltenham, UK: Edward Elgar Publishing. [More Information]
  • Sheehan, K. (2012). The 2008 Emergency Regulation of Short Selling in the United Kingdom, United States, and Australia. In G Gregoriou (ed) (Eds.), Handbook of Short Selling, (pp. 169-179). Waltham/Oxford: Academic Press. [More Information]
  • Sheehan, K. (2011). Great Expectations: Institutional Investors, Executive Remuneration, and "Say on Pay". In J Hawley, S Kamath and A Williams (Eds.), Corporate Governance Failures: The Role of Institutional Investors in the Global Financial Crisis, (pp. 115-143). Pennsylvania: University of Pennsylvania Press.

Journals

  • Sheehan, K. (2011). Remuneration consultants: Just friends with benefits? Keeping Good Companies, 63(9), 518-523.
  • Sheehan, K. (2009). The Regulatory Framework for Executive Remuneration in Australia. Sydney Law Review, 31(2), 273-308.
  • Sheehan, K., Fenwick, C. (2008). Seven: the Corporations Act 2001 (Cth), corporate governance and termination payments to senior employees. Melbourne University Law Review, 32(1), 199-241.
  • Fenwick, C., Sheehan, K. (2008). Share-based remuneration and termination payments to company directors: What are the rules? Company and Securities Law Journal, 26(2), 71-92.
  • Sheehan, K. (2005). Outrage + camouflage: the utility of the managerial power approach in explaining executive remuneration. Company and Securities Law Journal, 24(1), 24-40.

Conferences

  • Sheehan, K. (2019). The Future of Reward: Rethinking Remuneration in Light of the Royal Commission into Financial Services. Corporate Law Teachers Association Annual Conference, University of Auckland, Auckland, New Zealand: Presentation.
  • Sheehan, K. (2018). The Activist and the Investor: Shareholder Proposals on Climate Change. Narratives of Climate Change Symposium, University of Newcastle, NSW: Presentation.
  • Sheehan, K. (2017). A Modern Slavery Act for Australia: Company and Shareholder Responses. Corporate Governance & Regulation: East Meets West Conference 2017 - The University of Sydney Law School, Sydney, NSW: Presentation.
  • Sheehan, K. (2011). The influence of proxy advisers on Australian corporate law reform. Law and Society Association Annual Meeting (LSA 2011), San Francisco, CA, USA: Presentation.
  • Sheehan, K. (2009). "Performance" - the difficult concept in executive compensation. Corporate Law Teachers Association (CLTA) Annual Conference 2009, Sydney, NSW: Presentation.
  • Sheehan, K. (2009). Great expectations: institutional investors, executive remuneration and 'say on pay'. Institutional Investors, Risk/Return and Corporate Governance Failures: Lessons from the Global Financial Crisis - Saint Mary's College of California, Moraga, CA, USA: Presentation.
  • Sheehan, K. (2009). History never repeats? The global financial crisis and government policy on executive remuneration. Law and Change: Exploring the role of legal research in law reform and social justice - The Australian National Postgraduate Law Conference 2009, Canberra, ACT: Presentation.
  • Sheehan, K. (2009). Principled Regulatory Action: the Case of Short-Selling. Corporate Law Teachers Association (CLTA) Annual Conference 2009, Sydney, NSW: Presentation.
  • Sheehan, K. (2009). Rethinking the role of institutional investors as executive remuneration norm entrepreneurs. United Nations Principles for Responsible Investment (UNPRI) 2nd Academic Conference 2009, Ottawa, ON, Canada: Presentation.
  • Sheehan, K. (2007). Executive pay: a model of the outrage constraint. Oxford University, Oxford, England: Presentation.
  • Sheehan, K. (2007). Is the outrage constraint an effective constraint on executive remuneration? Evidence from the UK and preliminary results from Australia. Worldwide Junior Corporate Scholar Forum - Columbia Law School, New York, NY, USA: Presentation.
  • Sheehan, K. (2006). Is the outrage constraint an effective constraint on executive remuneration? Evidence from the UK and preliminary results from Australia. Corporate Law Teachers Association Conference 2006, Brisbane: Corporate Law Teachers Association.
  • Sheehan, K., Fenwick, C. (2006). Seven, the Corporations Act, corporate governance and termination payments to senior employees. Australian Labour Lawyers Association Annual Conference 2006, Brisbane, Qld: Presentation.

Report

  • Sheehan, K. (2018). Shareholder Directions and FTSE100 Directors' General Powers to Manage the Company and its Business.
  • Sheehan, K. (2015). Robo Advisors.
  • Sheehan, K. (2012). Profession Health Programs: Comparative Research Report.
  • Sheehan, K. (2012). The Lawyer Inside Me: A Literature Review.
  • Parker, C., Sheehan, K., Brophy, J. (2011). Obstacles and opportunities for compliance: estate agents and conveyancers - A report on the Licensed Trader Study.
  • Sheehan, K., Fenwick, C. (2007). Seven: The Corporations Act, Corporate Governance and Termination Payments to Senior Employees.
  • Fenwick, C., Sheehan, K. (2007). Share-based Remuneration and Termination Payments to Company Directors: What are the Rules?.
  • Gardiner, R., Sheehan, K. (1994). Improvement of industry/university course accreditation procedures and related activities.

Other

  • Sheehan, K. (2018), Submission on Executive Remuneration in response to the Interim Report, Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.
  • Sheehan, K., Kinley, D. (2018), Submission to the Royal Commission into Misconduct in the Banking and Financial Services Sector - Community Expectations: Putting People Before Profit Means Taking Human Rights Seriously.
  • Sheehan, K. (2017), Submission on Modern Slavery Supply Chains Reporting Requirement, Attorney-General's Department (Cth).
  • Sheehan, K. (2015), Comment on Ontario Securities Commission Staff Notice 54-701 Regulatory Developments Regarding Shareholder Democracy Issues.
  • Sheehan, K. (2013), Submission to the Australian Securities Exchange and ASX Corporate Governance Council on the proposed amendments to the ASX Listing Rules and the 3rd edition of the ASX Corporate Governance Principle.
  • Sheehan, K. (2013), Submission to the Australian Treasury for the Corporations Legislation Amendment (Remuneration Disclosures and Other Measures) Bill 2012.
  • Sheehan, K. (2011), Consultation for the Australian Treasury on 'The clawback of executive remuneration where financial statements are materially misstated: Discussion paper'.
  • Sheehan, K. (2011), Consultation for the Australian Treasury on the Exposure Draft of the Corporations Amendment (Improving Accountability on Executive Remuneration) Bill 2011 (Cth).
  • Sheehan, K. (2011), Consultative Document for the Basel Committee on Banking Supervision on Pillar III Disclosure Requirements for Remuneration.
  • Sheehan, K. (2011), Submission to the Department for Business Innovation and Skills (UK) for 'A Long Term Focus for Corporate Britain'.
  • Sheehan, K. (2011), Submission to the Department for Business Innovation and Skills (UK) for the Executive Remuneration: Discussion Paper.
  • Sheehan, K. (2011), Submission to the Department for Business Innovation and Skills (UK) for The Future of Narrative Reporting: Consulting on a New Reporting Framework.
  • Sheehan, K. (2010), Consultation for the Financial Reporting Council (UK) on the Stewardship Code.
  • Sheehan, K. (2010), Submission to the Corporations and Markets Advisory Committee (Australia) on the Executive Remuneration Issues Paper.
  • Sheehan, K. (2009), Consultation for the Australian Treasury on the Exposure Draft, Corporations Amendment (Improving Accountability on Termination Payments) Bill 2009.
  • Sheehan, K. (2009), Consultation for the Organisation for Economic Cooperation and Development (OECD) on Corporate Governance and the Financial Crisis.
  • Sheehan, K. (2009), Submission to the Financial Reporting Council (UK) on Reforming remuneration practices in financial services, CP 09/10.
  • Sheehan, K. (2009), Submission to the Productivity Commission Inquiry into Executive Remuneration in Australia.

Research Reports

  • Sheehan, K. (2017). Shareholder resolutions in Australia: Is there a better way?, October 2017, (pp. 1 - 40). Melbourne, Australia: Australian Council of Superannuation Investors. [More Information]

2019

  • Sheehan, K. (2019). The Future of Reward: Rethinking Remuneration in Light of the Royal Commission into Financial Services. Corporate Law Teachers Association Annual Conference, University of Auckland, Auckland, New Zealand: Presentation.

2018

  • Sheehan, K. (2018). Executive Remuneration in Listed Companies and Wage Setting. In Andrew Stewart, Jim Stanford, Tess Hardy (Eds.), The Wages Crisis in Australia: What it is and what to do about it, (pp. 143-156). Adelaide: University of Adelaide Press.
  • Sheehan, K. (2018). Shareholder Directions and FTSE100 Directors' General Powers to Manage the Company and its Business.
  • Sheehan, K. (2018), Submission on Executive Remuneration in response to the Interim Report, Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.
  • Sheehan, K., Kinley, D. (2018), Submission to the Royal Commission into Misconduct in the Banking and Financial Services Sector - Community Expectations: Putting People Before Profit Means Taking Human Rights Seriously.
  • Sheehan, K. (2018). The Activist and the Investor: Shareholder Proposals on Climate Change. Narratives of Climate Change Symposium, University of Newcastle, NSW: Presentation.

2017

  • Sheehan, K. (2017). A Modern Slavery Act for Australia: Company and Shareholder Responses. Corporate Governance & Regulation: East Meets West Conference 2017 - The University of Sydney Law School, Sydney, NSW: Presentation.
  • Sheehan, K. (2017). Shareholder resolutions in Australia: Is there a better way?, October 2017, (pp. 1 - 40). Melbourne, Australia: Australian Council of Superannuation Investors. [More Information]
  • Sheehan, K. (2017), Submission on Modern Slavery Supply Chains Reporting Requirement, Attorney-General's Department (Cth).

2015

  • Sheehan, K. (2015), Comment on Ontario Securities Commission Staff Notice 54-701 Regulatory Developments Regarding Shareholder Democracy Issues.
  • Sheehan, K. (2015). Robo Advisors.

2013

  • Sheehan, K. (2013), Submission to the Australian Securities Exchange and ASX Corporate Governance Council on the proposed amendments to the ASX Listing Rules and the 3rd edition of the ASX Corporate Governance Principle.
  • Sheehan, K. (2013), Submission to the Australian Treasury for the Corporations Legislation Amendment (Remuneration Disclosures and Other Measures) Bill 2012.

2012

  • Sheehan, K. (2012). Profession Health Programs: Comparative Research Report.
  • Sheehan, K. (2012). Say on Pay and the Outrage Constraint. In R Thomas and J Hill (Eds.), Research Handbook on Executive Pay, (pp. 255-283). Cheltenham, UK: Edward Elgar Publishing. [More Information]
  • Sheehan, K. (2012). The 2008 Emergency Regulation of Short Selling in the United Kingdom, United States, and Australia. In G Gregoriou (ed) (Eds.), Handbook of Short Selling, (pp. 169-179). Waltham/Oxford: Academic Press. [More Information]
  • Sheehan, K. (2012). The Lawyer Inside Me: A Literature Review.
  • Sheehan, K. (2012). The Regulation of Executive Compensation: Greed, Accountability and Say on Pay. United Kingdom: Edward Elgar Publishing.

2011

  • Sheehan, K. (2011), Consultation for the Australian Treasury on 'The clawback of executive remuneration where financial statements are materially misstated: Discussion paper'.
  • Sheehan, K. (2011), Consultation for the Australian Treasury on the Exposure Draft of the Corporations Amendment (Improving Accountability on Executive Remuneration) Bill 2011 (Cth).
  • Sheehan, K. (2011), Consultative Document for the Basel Committee on Banking Supervision on Pillar III Disclosure Requirements for Remuneration.
  • Sheehan, K. (2011). Great Expectations: Institutional Investors, Executive Remuneration, and "Say on Pay". In J Hawley, S Kamath and A Williams (Eds.), Corporate Governance Failures: The Role of Institutional Investors in the Global Financial Crisis, (pp. 115-143). Pennsylvania: University of Pennsylvania Press.
  • Parker, C., Sheehan, K., Brophy, J. (2011). Obstacles and opportunities for compliance: estate agents and conveyancers - A report on the Licensed Trader Study.
  • Sheehan, K. (2011). Remuneration consultants: Just friends with benefits? Keeping Good Companies, 63(9), 518-523.
  • Sheehan, K. (2011), Submission to the Department for Business Innovation and Skills (UK) for 'A Long Term Focus for Corporate Britain'.
  • Sheehan, K. (2011), Submission to the Department for Business Innovation and Skills (UK) for the Executive Remuneration: Discussion Paper.
  • Sheehan, K. (2011), Submission to the Department for Business Innovation and Skills (UK) for The Future of Narrative Reporting: Consulting on a New Reporting Framework.
  • Sheehan, K. (2011). The influence of proxy advisers on Australian corporate law reform. Law and Society Association Annual Meeting (LSA 2011), San Francisco, CA, USA: Presentation.

2010

  • Sheehan, K. (2010), Consultation for the Financial Reporting Council (UK) on the Stewardship Code.
  • Sheehan, K. (2010), Submission to the Corporations and Markets Advisory Committee (Australia) on the Executive Remuneration Issues Paper.

2009

  • Sheehan, K. (2009). "Performance" - the difficult concept in executive compensation. Corporate Law Teachers Association (CLTA) Annual Conference 2009, Sydney, NSW: Presentation.
  • Sheehan, K. (2009), Consultation for the Australian Treasury on the Exposure Draft, Corporations Amendment (Improving Accountability on Termination Payments) Bill 2009.
  • Sheehan, K. (2009), Consultation for the Organisation for Economic Cooperation and Development (OECD) on Corporate Governance and the Financial Crisis.
  • Sheehan, K. (2009). Great expectations: institutional investors, executive remuneration and 'say on pay'. Institutional Investors, Risk/Return and Corporate Governance Failures: Lessons from the Global Financial Crisis - Saint Mary's College of California, Moraga, CA, USA: Presentation.
  • Sheehan, K. (2009). History never repeats? The global financial crisis and government policy on executive remuneration. Law and Change: Exploring the role of legal research in law reform and social justice - The Australian National Postgraduate Law Conference 2009, Canberra, ACT: Presentation.
  • Sheehan, K. (2009). Principled Regulatory Action: the Case of Short-Selling. Corporate Law Teachers Association (CLTA) Annual Conference 2009, Sydney, NSW: Presentation.
  • Sheehan, K. (2009). Rethinking the role of institutional investors as executive remuneration norm entrepreneurs. United Nations Principles for Responsible Investment (UNPRI) 2nd Academic Conference 2009, Ottawa, ON, Canada: Presentation.
  • Sheehan, K. (2009), Submission to the Financial Reporting Council (UK) on Reforming remuneration practices in financial services, CP 09/10.
  • Sheehan, K. (2009), Submission to the Productivity Commission Inquiry into Executive Remuneration in Australia.
  • Sheehan, K. (2009). The Regulatory Framework for Executive Remuneration in Australia. Sydney Law Review, 31(2), 273-308.

2008

  • Sheehan, K., Fenwick, C. (2008). Seven: the Corporations Act 2001 (Cth), corporate governance and termination payments to senior employees. Melbourne University Law Review, 32(1), 199-241.
  • Fenwick, C., Sheehan, K. (2008). Share-based remuneration and termination payments to company directors: What are the rules? Company and Securities Law Journal, 26(2), 71-92.

2007

  • Sheehan, K. (2007). Executive pay: a model of the outrage constraint. Oxford University, Oxford, England: Presentation.
  • Sheehan, K. (2007). Is the outrage constraint an effective constraint on executive remuneration? Evidence from the UK and preliminary results from Australia. Worldwide Junior Corporate Scholar Forum - Columbia Law School, New York, NY, USA: Presentation.
  • Sheehan, K., Fenwick, C. (2007). Seven: The Corporations Act, Corporate Governance and Termination Payments to Senior Employees.
  • Fenwick, C., Sheehan, K. (2007). Share-based Remuneration and Termination Payments to Company Directors: What are the Rules?.

2006

  • Sheehan, K. (2006). Is the outrage constraint an effective constraint on executive remuneration? Evidence from the UK and preliminary results from Australia. Corporate Law Teachers Association Conference 2006, Brisbane: Corporate Law Teachers Association.
  • Sheehan, K., Fenwick, C. (2006). Seven, the Corporations Act, corporate governance and termination payments to senior employees. Australian Labour Lawyers Association Annual Conference 2006, Brisbane, Qld: Presentation.

2005

  • Sheehan, K. (2005). Outrage + camouflage: the utility of the managerial power approach in explaining executive remuneration. Company and Securities Law Journal, 24(1), 24-40.

1994

  • Gardiner, R., Sheehan, K. (1994). Improvement of industry/university course accreditation procedures and related activities.

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