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

Edmund-Philipp Schuster

London School of Economics - Law Department

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

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

Carsten Gerner-Beuerle (Contact Author)

University College London - Faculty of Laws ( email )

Gower St
London WC1E OEG, WC1E 6BT
United Kingdom

Edmund-Philipp Schuster

London School of Economics - Law Department ( email )

Houghton Street
London, WC2A 2AE
United Kingdom

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