Appreciating the Duties of a Director of a Listed Company

17 Pages Posted: 13 Oct 2022

Date Written: July 4, 2022

Abstract

A company is a legal entity run by people who are basically representing the business and socio-economic interests of other people. There are shareholders who own the company in shares, there are stakeholders whose business interests the company promotes, there are directors saddled with the responsibility of steering the company’s day to day activities aright, there are also creditors, suppliers and clients. As lawful agents of a listed company, authorized to act on behalf of the company, directors owe the company a set of duties and responsibilities. This paper examines those duties as enshrined in the Companies Act 2022 vis-à-vis what they are and what they mean for director to company relations, and director to director relations.

Keywords: Duty, Director, Listed Company, Duties of a Director

JEL Classification: K, L, L2, M, M12, Y

Suggested Citation

Mofoluwawo, Oluwapelumi Mojolaoluwa, Appreciating the Duties of a Director of a Listed Company (July 4, 2022). Available at SSRN: https://ssrn.com/abstract=4226304 or http://dx.doi.org/10.2139/ssrn.4226304

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