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Directors' decisions and the law : promoting success / Alice Belcher.

By: Material type: TextTextSeries: Routledge research in corporate lawPublication details: New York, Routledge, 2014,Description: xvi, 224 pages ; 24 cmISBN:
  • 9780415671934
Subject(s): DDC classification:
  • 346.06 BEL.D
Contents:
Introduction -- Directors in the private sector -- Directors in the public sector -- Directors of organisations in, or close to, financial distress -- Trust -- Risk and uncertainty -- Corporate culture and climate -- Communication and credibility -- Individual responsibilities -- Collective responsibility of company directors -- Governance between organisations.
Summary: "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 with one of the duties listed as being "would be 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 director's duties and responsibilities in promoting success, including issues surrounding trust, risk and uncertainty, corporate culture and credibility, collective responsibility and the degree of control. The book considers directors' decision making not only in the private sector but also in, and between, public sector organisations and it explicitly examines aspects of decision-making when organisations are in, or close to, financial distress. The book whilst mostly rooted in UK law draws on the company law in other jurisdictions including the USA, Germany and Australia.The book makes use of an interdisciplinary approach, using management theory, economic theory and other areas such as behavioural studies to look at both what directors should do and they actually do. In doing so it addresses issues key to the understanding of corporate governance especially in light of the recent financial crisis"--Summary: "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 of control. The book considers directors' decision-making in both private and public sector organisations and explicitly examines aspects of decision-making during periods of financial distress. The book compares the legal contexts of director's decisions in the UK to those of the USA, Germany and Australia, and takes an interdisciplinary approach in its combination of management theory, economic theory and behavioural studies. In doing so the book addresses issues key to the understanding of corporate governance in light of recent financial crises"--
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Holdings
Item type Current library Call number Copy number Status Date due Barcode
Books Books Symbiosis Law School, Noida Reference 346.06 BEL.D (Browse shelf(Opens below)) 1 Not For Loan SLSN-B-7271

Includes bibliographical references (page viii) and index.

Introduction -- Directors in the private sector -- Directors in the public sector -- Directors of organisations in, or close to, financial distress -- Trust -- Risk and uncertainty -- Corporate culture and climate -- Communication and credibility -- Individual responsibilities -- Collective responsibility of company directors -- Governance between organisations.

"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 with one of the duties listed as being "would be 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 director's duties and responsibilities in promoting success, including issues surrounding trust, risk and uncertainty, corporate culture and credibility, collective responsibility and the degree of control. The book considers directors' decision making not only in the private sector but also in, and between, public sector organisations and it explicitly examines aspects of decision-making when organisations are in, or close to, financial distress. The book whilst mostly rooted in UK law draws on the company law in other jurisdictions including the USA, Germany and Australia.The book makes use of an interdisciplinary approach, using management theory, economic theory and other areas such as behavioural studies to look at both what directors should do and they actually do. In doing so it addresses issues key to the understanding of corporate governance especially in light of the recent financial crisis"--

"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 of control. The book considers directors' decision-making in both private and public sector organisations and explicitly examines aspects of decision-making during periods of financial distress. The book compares the legal contexts of director's decisions in the UK to those of the USA, Germany and Australia, and takes an interdisciplinary approach in its combination of management theory, economic theory and behavioural studies. In doing so the book addresses issues key to the understanding of corporate governance in light of recent financial crises"--

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