Web www.software-risk.co.uk

In the context of corporate governance, Directors' Duties refers to stated responsibilities of the company's Board of Directors. These provisions allow directors to consider constituencies other than shareholders when considering a merger. These constituencies may include, for example, employees, host communities, or suppliers. This provision provides boards of directors with legal basis for rejecting a takeover that would have been beneficial to shareholders. A majority of states have Directors Duties Laws.

Copyright © 2005, Campbell R. Harvey. All Worldwide Rights Reserved. Do not reproduce without explicit permission.

Related Articles
GlobalSantaFe and Certus for Compliance
Tighter Sarbanes-Oxley Called For
Sarbanes-Oxley in the News
Compensation Consultants
Protiviti Amsterdam Office
Board Governance Via Internet - SEC
ISS Adds Section 404 2006 p
Record At Greenhill

Similar Areas

Finance Items

Selected Books

Keywords

Directors Duties

director

directors

corporate governance

duty

duties

merger

M&A

M&A and directors

M&A and corporate governance