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Mapping Directors' Duties: Strategies and Trends in the EU
Carsten Gerner-Beuerle
London School of Economics and Political Science
Edmund‐Philipp Schuster
London School of Economics - Law Department
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
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.
Number of Pages in PDF File: 40
Keywords: Directors' duties, duty of care, business judgment rule, duty of loyalty, self-dealing, corporate opportunities, derivative action, vicinity of insolvency
JEL Classification: K22
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Date posted: April 12, 2013
; Last revised: November 12, 2014
Suggested CitationGerner-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
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