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Books > Business & Economics > Business & management > Ownership & organization of enterprises
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Directors' Duties - A New Millennium, A New Approach? (Hardcover)
Loot Price: R5,256
Discovery Miles 52 560
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Directors' Duties - A New Millennium, A New Approach? (Hardcover)
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Written from the perspective of a practising company lawyer, this
work is principally concerned with two broad duties owed by
directors of British and Australian companies: to act honestly, in
good faith and for proper purposes; and to exercise care and
diligence. Public attitudes towards directors have altered since
the mid-1980s, and the business community has raised its
expectations of directors. In response to this shift in public
feeling, parliament and the judiciary are adopting a new approach
to directors' duties, widening the scope of duties imposed on
directors and encouraging a more rigorous approach to corporate
governance. This text analyzes this new approach, with reference to
English and Australian case-law, and explores the courts' attempts
to deal with the myriad of competing interests found within the
morass of legal rules, equitable principles and statutory enactment
which comprise modern company law. In examining modern case-law and
legislation, the author addresses some of the more contentious and
controversial issues which directors in the 21st century will need
to confront in order to properly discharge the legal, equitable and
statutory requirements of their office. The subject of directors'
duties is of theoretical and practical importance, from economic,
political as well as social perspectives. This text should be of
use to all lawyers, policymakers, academics and researchers working
in this complex and rapidly changing field of the law.
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