Category | Assignment | Subject | Law |
---|---|---|---|
University | ...................... | Module Title | Comparative Corporate Law and Insolvency |
The directors' duties are core elements that guarantee the integrity of corporate governance because they define how a director manages the interests of a company and its stakeholders. These duties will serve as a foundation that will protect transparency, accountability, and trust incorporation structures. Similarly, the presence of these duties ensures that when any of such duties is violated, a director is liable to respond to avoid corporate mismanagement or malpractice. In this regard, therefore, mechanisms of enforcement of such duties are vital for safeguarding the interests of both shareholders and creditors and more so the general economy. This is because they ensure lawfulness in running companies and per ethical standards.
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