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Directors And Their Functions


Directors And Their Functions
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Directors And Their Functions


Directors And Their Functions
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Author : John Calhoun Baker
language : en
Publisher:
Release Date : 1973

Directors And Their Functions written by John Calhoun Baker and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with Business & Economics categories.




Directors And Their Functions


Directors And Their Functions
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Author : Harvard University. Graduate School of Business Administration. Division of Research
language : en
Publisher:
Release Date : 1945

Directors And Their Functions written by Harvard University. Graduate School of Business Administration. Division of Research and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1945 with Directors of companies categories.




Boards At Work How Directors View Their Roles And Responsibilities


Boards At Work How Directors View Their Roles And Responsibilities
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Author : Philip Stiles
language : en
Publisher: OUP Oxford
Release Date : 2001-03-29

Boards At Work How Directors View Their Roles And Responsibilities written by Philip Stiles and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-03-29 with categories.


Boards of directors are coming under increasing scrutiny in terms of their contribution in monitoring and controlling management, particularly in the wake of high-profile corporate frauds and failures, and also their potential to add value to organizational performance through involvement in the strategy process and through building relationships with key investors. Despite the importance of these issues, not only to organizations but also arguably to national competitiveness, the nature of board activity remains largely a black box, clouded by prescriptions, prejudices, and half-truths. This book responds to calls for greater scrutiny of boards of directors with an in-depth examination of directors of UK organizations, drawing on the accounts of directors themselves as to their roles, influence, and the potential and limits to their power. Much work on boards of directors has labelled the board as a rubber stamp for dominant management, and non-executive directors in particular have been variously described as poodles, pet rocks, or parsley on the fish. Such accounts are rooted in assumptions of board activity that are essentially adversarial in nature, and that the solution to the 'problem' of reconciling the interests of managers with those of shareholders is to increase the checks and balances available to the board of directors. The findings of this study show that boards, in many cases, are far more than passive rubber stamps for management and that non-executives are encouraged to act as trusted advisers to the executives and the chief executive, rather than solely monitors of executive activity. Boards are important mechanisms in maintaining the strategic framework of the organization through setting the boundaries of organizational activity. The potential of the board members, in particular the non-executives, to fulfil such a mandate depends on a number of factors, including ability, willingness to engage with the organizational issues, and the degree of knowledge they have relevant to the host firm. Above all, the degree of trust built between members of the board, and between the board and key external constituencies, is at the heart of effective board behaviour.



The Director S Handbook


The Director S Handbook
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Author : Institute of Directors
language : en
Publisher: Kogan Page Publishers
Release Date : 2010-05-03

The Director S Handbook written by Institute of Directors and has been published by Kogan Page Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-05-03 with Business & Economics categories.


The Director's Handbook, first published in 2005, filled a gap in the market by providing a practical guide to key issues facing board directors and senior business decision-makers in the UK. Now, with far-reaching changes in directors' duties and other principles of company law, this new edition updates and explains the laws which affect the way every director does their job. It deals with all aspects of a company director's role, duties, responsibilities and liabilities within the context of the current law and good practice. Written by leading experts and fully supported by research findings, this 3rd edition also contains case studies from companies of varying sizes and sectors, plus new chapters on the role of the company secretary plus the latest legal developments in the health and safety arena. The Director's Handbook is the essential reference and source of advice for all new and existing directors, as well as those who aspire to this position.



Guide To Company Directors


Guide To Company Directors
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Author : L. V. Visweswaran Iyer
language : en
Publisher:
Release Date : 2003

Guide To Company Directors written by L. V. Visweswaran Iyer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Directors of corporations categories.


An exhaustive commentary.



Rights And Duties Of Directors 2016


Rights And Duties Of Directors 2016
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Author : Martha Bruce
language : en
Publisher: Bloomsbury Publishing
Release Date : 2016-06-22

Rights And Duties Of Directors 2016 written by Martha Bruce and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-22 with Law categories.


Rights and Duties of Directors, 15th edition, clearly explains the rights and powers of directors and their specific duties as prescribed by company law and associated legislation. This is an invaluable guide for all company directors - and their legal advisers - whatever the size of their organisation, as well as company secretaries and HR professionals. Rights and Duties of Directors details each and every duty in relation to the core administration, compliance and disclosure requirements of company law and other closely associated legislation. Covers the following: The nature of office of director Directors, the Board and the company secretary Directors' rights Statutory statement of directors' general duties Breach of duty by a director Statutory duties of directors Accounting and financial responsibilities of directors Directors' duties and the members Directors' duties in public and listed companies Directors and corporate governance Directors' duties and employment issues Directors' duties and the environment Duties and the customer Directors, creditors and insolvency. Previous print edition ISBN: 9781780434483



The Determinants Of Roles And Responsibilities Of Boards Of Directors In Subsidiary Companies


The Determinants Of Roles And Responsibilities Of Boards Of Directors In Subsidiary Companies
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Author : Riccardo Altenburg
language : en
Publisher: GRIN Verlag
Release Date : 2011-10-21

The Determinants Of Roles And Responsibilities Of Boards Of Directors In Subsidiary Companies written by Riccardo Altenburg and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-10-21 with Business & Economics categories.


Master's Thesis from the year 2011 in the subject Business economics - Personnel and Organisation, grade: 8,0, VU University Amsterdam, course: Boards of Directors / Governance / Strategy, language: English, abstract: Despite the growing importance and the current trend of a globalizing economy, relatively little is known about the roles and responsibilities of subsidiary board of directors and how they are influenced by various drivers. This thesis focuses on and investigates the roles and responsibilities of a subsidiary board and which firm-related (internal) and environmental-related(external) drivers could potentially influence these roles. From the existing literature on corporate governance four major roles are derived for the SB, namely a monitoring, advising, internal and external role. Qualitative data from 8 in-depth interviews with board members of a global subsidiary company provided a clear set of responsibilities in line with the four board roles. Furthermore, in this case firm growth, acquisitions and the organization at the parent level are seen as major internal drivers of board responsibilities. Economical downturn, industry changes and technological innovations are seen as critical external drivers of board responsibilities in a subsidiary company. Additionally, this thesis shows that in times of economical recession the board tends take on a more monitoring focused role. Smaller firms and acquisitions lead to a strong internal focus whereas the changes in the industry and a larger firm size result in more external responsibilities. Finally, changes at the level of the parent and technological innovations lead to a more service or advising role of the board of directors in subsidiary boards. This thesis highlights the conditions under which the roles and responsibilities could change or shift and contributes to the literature as it presents evidence that agency theory as well as resource dependence theory are relevant in the analysis of board re



The Functions And Responsibilities Of Directors


The Functions And Responsibilities Of Directors
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Author : John Lawrence Ryan
language : en
Publisher:
Release Date : 1968

The Functions And Responsibilities Of Directors written by John Lawrence Ryan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1968 with Corporation law categories.




Directors Duties And Shareholder Litigation In The Wake Of The Financial Crisis


Directors Duties And Shareholder Litigation In The Wake Of The Financial Crisis
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Author : Joan Loughrey
language : en
Publisher: Edward Elgar Publishing
Release Date : 2013-01-01

Directors Duties And Shareholder Litigation In The Wake Of The Financial Crisis written by Joan Loughrey and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-01 with Business & Economics categories.


ÔThis book takes us back to the financial crisis and asks: should the directors of the financial institutions that caused the crisis be held responsible to their investors? LoughreyÕs and her contributorsÕ analysis of that question and the suggestions to implement their proposals are insightful and timely. This is a must-read book for those of us who are still trying to determine how to avoid the next financial crisis.Õ Ð Randall Thomas, Vanderbilt Law School, US The financial crisis revealed failings at board level at many financial institutions. But despite calls for bank boards to be held to account, there has been a remarkable paucity of litigation against bank directors for breach of their duties. This book assesses whether the law relating to directorsÕ duties and shareholder litigation has contributed to this, taking into account the changes to both that were introduced by the Companies Act 2006. With contributions from leading academics and practitioners, the book examines the directorÕs duty of care and skill, the s.172 duty, reporting obligations under s.417 of the Companies Act 2006, and shareholder litigation including the derivative action and just and equitable winding up. It concludes that neither the common law nor the statutory duties and derivative action under the Companies Act 2006 function effectively to hold directors to account and analyses why this is so. This detailed book will appeal to academics in company law and corporate governance as well as commercial law practitioners particularly those who specialize in company litigation.



Roles Of The Organs And Officers Of An Incorporated Company


Roles Of The Organs And Officers Of An Incorporated Company
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Author : Okechukwu Dominic Nwankwo
language : en
Publisher: GRIN Verlag
Release Date : 2016-10-11

Roles Of The Organs And Officers Of An Incorporated Company written by Okechukwu Dominic Nwankwo and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-10-11 with Business & Economics categories.


Project Report from the year 2016 in the subject Business economics - Business Management, Corporate Governance, , course: LAW, language: English, abstract: This is a research work on the “roles of the organs and officers of an incorporated company”. In it, the organs are identified as the General Meeting (shareholders), and the Board of Directors, while the officers are identified as the directors, secretary, auditor, legal adviser. The company’s organs take the key critical resolutions cum decisions that sway the company for better or worse. And these resolutions cum decision are implemented through corporate management or governance by the officers of the company. As legal personality, the company has a separate existence from the founders. Yet it is operated by human beings. The company functions through its Memorandum and Articles of Association, which can be altered through resolution passed by the majority of the company members at the General Meeting. Similarly, the company’s performance is also regulated by other statutory law, for example the Companies and Allied Matters Act, otherwise known as CAMA. Most of the company’s officers are appointed by the Board of Directors. However, this is subject to confirmation at the General Meeting. Consequently, as a going concern/business, the company is prosperous when there is a healthy relationship between the organs, and officers, and particularly between the General Meeting (Shareholders), and the Board of Directors. Though the General Meeting works by the resolutions passed by the majority members, yet there are exceptions to this when the court enforces an individual member(s) action against the majority’s decisions. This is an exception to the rule in Foss V Harbottle. The aim is to check fraud and ultra vires activities in the company. To be valid, an officer’s acts shall be done in good faith, diligently, and with care; and the company shall hold the officer liable for such acts. Essentially, the common law held the view that company’s officers owed their services to the company only, and not individual shareholders. However, this position has been rejected by the modern company practice and knowledge. Hence, the roles of the contemporary company officers have been enlarged to embrace serving the company which employees them, the individuals shareholders under relevant circumstances, as well as the generality of the public that benefits or is affected by the activities of the company. Fundamentally, company practices in Nigeria are bedeviled by the apathy of the stakeholders in corporate governances, except when there is a selfis