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Showing 1 to 3 of 3 for “"director liability"”.

  1. Corporate governance : a study of director liability, firm performance and shareholder wealth

    … between the composition of the board of directors, director liability, the firm's performance and shareholder wealth. The existence of a director liability crisis is first examined. Both anecdotal and empirical evidence suggest that such a crisis did indeed occur. The evidence also …

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  2. Director liability in insolvent companies : an analysis of the effectiveness of private and public enforcement mechanisms with special reference to improper trading liability and disqualification

    … and trade by permitting free access to limited liability is a cornerstone emblem of UK enterprise policy. However, it comes at a price. The abuse of limited liability by dishonest, unscrupulous, incompetent, negligent, and occasionally deranged directors, who drive a company into insolvency – …

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  3. Directors and Standards: The Problem of Insufficient Guidance

    … tests the usefulness of an American theory of director liability as an aid to understanding this case law and the legislation it interprets. This theory has been termed the “implied contract approach”, and was developed by Robert J. Rhee. The two areas concern: if and when directors must …

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