Abstract

http://ssrn.com/abstract=2020075
 
 

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Self Dealing, Fair Dealing and Related Party Transactions - History, Policy and Reform


John Hynes Farrar


Bond University Faculty of Law

Susan Watson


University of Auckland

March, 11 2012

The Journal of Corporate Law Studies, Vol. 11, No. 2, p. 495, 2011

Abstract:     
The law on self dealing, fair dealing and related party transactions has a long and complex history and different approaches have been adopted by common law jurisdictions. This article traces the history of the Anglo American case law and legislation and the underlying policies and considers recent reforms and whether they can be improved upon. It makes a practical suggestion to supplement the recent reforms by regulatory approval of disclosure documentation to shareholders or waiver. It also considers whether there is an implicit priority for the duty to act for the good of the company or to promote its success.

Number of Pages in PDF File: 29

Keywords: directors duties, liability of directors, self dealing, fair dealing, related party transactions

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Date posted: March 12, 2012  

Suggested Citation

Farrar, John Hynes and Watson, Susan, Self Dealing, Fair Dealing and Related Party Transactions - History, Policy and Reform (March, 11 2012). The Journal of Corporate Law Studies, Vol. 11, No. 2, p. 495, 2011. Available at SSRN: http://ssrn.com/abstract=2020075

Contact Information

John Hynes Farrar
Bond University Faculty of Law ( email )
Gold Coast, QLD 4229
Australia
HOME PAGE: http://works.bepress.com/john_farrar/
Susan Mary Watson (Contact Author)
University of Auckland ( email )
Private Bag 92019
Auckland Mail Centre
Auckland, 1142
New Zealand
006499235996 (Phone)
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