Directors' Decisions and the Law: Promoting Success
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Bibliographische Detailangaben
1. Verfasser: Belcher, Alice (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Hoboken Taylor and Francis 2014
Schriftenreihe:Routledge research in corporate law
Schlagworte:
Beschreibung:Cover; Half Title; Series Page; Title Page; Copyright Page; Table of Contents; Acknowledgements; Table of cases; Table of statutes; 1 Introduction; 1.1 Introduction; 1.2 Directors through the lens of the company; 1.3 Directors through the lens of Strategy; 1.4 Directors through the lens of Economics; Part I Contexts; 2 Directors in the private sector; 2.1 Introduction; 2.2 More on the theory of the firm; 2.3 Directors and corporate governance codes; 2.4 Has "corporate governance" failed?; 3 Directors in the public sector; 3.1 Introduction; 3.2 Author's experience as a non-executive director
3.3 "Promoting success": what this could mean for a public sector body3.4 Top-down governance: government policy and its impact on public bodies; 3.5 Bottom-up governance: the recent emphasis on public consultations and participation in the affairs of public bodies; 3.6 Democracy and representation: the directly elected members' pilot schemes in Scotland; 3.7 Conclusions; 4 Directors of organisations in, or close to, financial distress; 4.1 Introduction: when insolvency rules take over from company law rules; 4.2 How directors can attempt to assess financial difficulties
4.3 Directors' responsibilities on the cusp of insolvency4.4 Consequences for directors: personal liability and disqualification; Part II Themes; 5 Trust; 5.1 Introduction; 5.2 The concept of trust; 5.3 Trust in the directors' duties to the company; 5.4 Trust between directors; 5.5 Conclusions; 6 Risk and uncertainty; 6.1 Background; 6.2 Risk assessment and the law; 6.3 Risk management and corporate governance; 6.4 Problems of decision-making under risk; 6.5 Risk and Knightian uncertainty; 6.6 Conclusions; 7 Corporate culture and climate; 7.1 Introduction
7.2 Directors' responsibilities for corporate culture7.3 Possible evidence; 7.4 Culture and climate; 7.5 Culture and compliance programmes; 8 Communication and credibility; 8.1 Asymmetry of information; 8.2 Decisions, information and news: the economics of information; 8.3 Accounts: company law requirements and their problems; 8.4 The place and value of the audit; 8.5 The audit committee as a governance mechanism; 8.6 Credibility; Part III Levels; 9 Individual responsibilities; 9.1 Introduction; 9.2 Directors' responsibilities to obtain information and exercise skill
9.3 Board papers, board meetings and minutes9.4 Responsibilities in specific roles; 9.5 Consequences for directors; 10 Collective responsibility of company directors; 10.1 Introduction; 10.2 Individual and collective responsibility in a corporate setting; 10.3 Philosophical approaches to collective responsibility; 10.4 Public law approaches to collective responsibility; 10.5 Summary, limitations and conclusions; 11 Governance between organisations; 11.1 Introduction; 11.2 Governance between organisations in the private sector; 11.3 Bringing the threads together; Index
Directors are key decision-makers in any organisation, whether it is in the public sector, a family business or a transnational company. The UK Companies Act 2006 codified directors' duties for the first time and describes the director as the 'most likely to promote the success of the company for the benefit of its members as a whole'. This book addresses key tensions and problems involved in the duties and responsibilities of the director in promoting success, including corporate culture and credibility, trust, risk and uncertainty, collective responsibility, and the degree o
Beschreibung:241 pages
ISBN:9781134445226
1134445229

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