Rethinking directors' duties in changing global markets

Title: Rethinking directors' duties in changing global markets
Creator: Waring, Peter
Relation: Corporate Governance Vol. 8, Issue 2, p. 153-164
Publisher Link: http://dx.doi.org/10.1108/14720700810863788
Publisher: Emerald Publishing Group
Resource Type: journal article
Date: 2008
Description: Purpose: This paper aims to examine whether directors duties, as they are typically presented in Anglo-American corporations law, remain appropriate and relevant given recent corporate governance developments and trends in global product and capital markets. Design/methodology/approach: The paper employs a comparative approach, examining aspects of corporate governance developments in the UK, the US and Australia. Findings: The paper finds that product and capital markets are increasingly placing a premium on good corporate social responsibility and hence, Anglo-American corporations law should be reformed to clarify directors’ capacity to address broader stakeholder concerns. Originality/value: The paper provides a comprehensive summary of important currents in contemporary corporate governance and provides a market-driven justification for changing corporations law.
Subject: directors; corporate governance; corporate social responsibilty
Identifier: uon:5486
Identifier: http://hdl.handle.net/1959.13/43366
Identifier: ISSN:1472-0701
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