The Royal commission with the banking and superannuation industry exposed some serious failures in how such corporations are managed. The senior management of many of these organizations were criticised for their part in the promulgation of unethical practices.

Discus this statement in context to the documentaries observed in "Banking Bad and "Money for Nothing". Answers should address specific aspects of these documentaries as well as reference some of the likely directors duties breaches in the Corporations Act 2001 (Cth).