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The Impact of Modern Influences on the Traditional Duties of Care, Skill and Diligence of Company Directors (Hardcover) Loot Price: R5,240
Discovery Miles 52 400
The Impact of Modern Influences on the Traditional Duties of Care, Skill and Diligence of Company Directors (Hardcover):...

The Impact of Modern Influences on the Traditional Duties of Care, Skill and Diligence of Company Directors (Hardcover)

Demetra Arsalidou

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Loot Price R5,240 Discovery Miles 52 400 | Repayment Terms: R491 pm x 12*

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Although all are agreed that current commercial realities dramatically affect the duties owed by directors to their companies, there is as yet no consensus on what, if anything, should be done about it. Some urge reform, or at least modification, while others insist that the traditional standard which may be expressed generally as "such care as is reasonably expected, having regard to the director's knowledge and experience" - has the great merit of flexibility. In an initiative aimed at clearing this impasse, the English and Scottish Law Commissions have proposed a statutory formulation, on the grounds that this would at least bring more certainty and clarity to the applicable standards. This book delves into the issues surrounding this debate, presenting the arguments for and against a statutory statement, with in-depth analysis of the various degrees of reform that could be brought to bear on the issue.

General

Imprint: Kluwer Law International
Country of origin: Netherlands
Release date: June 1986
First published: June 1986
Authors: Demetra Arsalidou
Dimensions: 230 x 234 x 16mm (L x W x T)
Format: Hardcover
Pages: 476
ISBN-13: 978-90-411-9851-8
Categories: Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Company law
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LSN: 90-411-9851-2
Barcode: 9789041198518

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