Directors' liability

n.b • Boek • paperback

• Samenvatting
  Following the financial crisis, major debates arise on the use of legal sanction to keep company directors in line with corporate governance. This dissertation positions directors# liability as a corporate governance instrument; foremost affected by (stakeholders of) the company, significantly affected by courts. Legal (comparative) and empirical research brings strong analysis and arguments to improve directors# liability legislation and understanding of its potential to induce directors# good practices. Confronting legal doctrine and positive law with empirical reality, this dissertation sharply identifies when the boundary of directors# business judgment opens for judicial scrutiny. Research I demonstrates how directors are affected by directors# liability risks. Research II identifies factors of when directors are being held personally liable by courts. Research III demonstrates poor corporate governance regarding discharge from personal liability for directors# bad faith actions by means of an informed shareholders# resolution. Results, conclusions and propositions are founded on over 50 interviews with executive and supervisory directors, extensive qualitative and quantitative case law analysis (2003-2013), comparative legal analysis (Netherlands-Delaware) and legal and social literature study.
• Productinformatie
  Binding : Paperback
  Distributievorm : Boek (print, druk)
  Formaat : 158mm x 240mm
  Aantal pagina's : Niet bekend
  Uitgeverij : Wolters Kluwer Nederland B.V.
  ISBN : 9789013141634
  Datum publicatie : 03-2017
  
• Inhoudsopgave
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