Mapping Directors' Duties: Strategies and Trends in the EU

Gerner-Beuerle, Carsten; Schuster, Edmund

Mapping Directors' Duties: Strategies and Trends in the EU

Hanne Birkmose, Mette Neville & Karsten Engsig Sørensen (eds.), Boards of Directors in European Companies – Reshaping and Harmonising Their Organisation and Duties, Wolters Kluwer 2013

40 Pages Posted: 12 Apr 2013 Last revised: 12 Nov 2014

See all articles by Carsten Gerner-Beuerle

Carsten Gerner-Beuerle

University College London - Faculty of Laws; European Corporate Governance Institute (ECGI)

Edmund Schuster

London School of Economics - Law School

Date Written: April 11, 2013

Abstract

This paper analyses the rules on directors' duties in all EU Member States, identifies regulatory philosophies and trends, highlights differences, and discusses enforcement strategies, particularly minority shareholder suits.

Keywords: Directors' duties, duty of care, business judgment rule, duty of loyalty, self-dealing, corporate opportunities, derivative action, vicinity of insolvency

JEL Classification: K22

Suggested Citation: Suggested Citation

Gerner-Beuerle, Carsten and Schuster, Edmund-Philipp, Mapping Directors' Duties: Strategies and Trends in the EU (April 11, 2013). Hanne Birkmose, Mette Neville & Karsten Engsig Sørensen (eds.), Boards of Directors in European Companies – Reshaping and Harmonising Their Organisation and Duties, Wolters Kluwer 2013, Available at SSRN: https://ssrn.com/abstract=2249050