THE DUTY TO CARE: PROGRESSIVE JUDICIAL INTERPRETATION OF THE DIRECTORS’ DUTY OF CARE AND DILIGENCE
Dublin Core
Title
THE DUTY TO CARE: PROGRESSIVE JUDICIAL INTERPRETATION OF THE DIRECTORS’ DUTY OF CARE AND DILIGENCE
Description
This paper focuses on the current role of director obligations in respect of the dual public and private nature of the statutory duty of care and diligence. A discussion on the history and development of the duty will be undertaken to assist in explaining the current state and scope of directors’ obligations. The appropriateness of penalties imposed on directors who breach the duty of care and diligence is another relevant aspect that will be analysed, especially in light of recent judgments which have clarified the extent of the duty.
This paper focuses on the current role of director obligations in respect of the dual public and private nature of the statutory duty of care and diligence. A discussion on the history and development of the duty will be undertaken to assist in explaining the current state and scope of directors’ obligations. The appropriateness of penalties imposed on directors who breach the duty of care and diligence is another relevant aspect that will be analysed, especially in light of recent judgments which have clarified the extent of the duty.
Creator
Simson , Tara
Source
University of South Australia Law Review; Vol. 4 No. 1 (2022): University of South Australia Law Review
2206-1398
Publisher
University of South Australia
Date
2022-07-01
Rights
Copyright (c) 2022 University of South Australia Law Review
Relation
Format
application/pdf
Language
eng
Type
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Identifier
Collection
Citation
Simson , Tara, THE DUTY TO CARE: PROGRESSIVE JUDICIAL INTERPRETATION OF THE DIRECTORS’ DUTY OF CARE AND DILIGENCE, University of South Australia, 2022, accessed November 6, 2024, https://igi.indrastra.com/items/show/3116