Directors' duties : principles and application / Rosemary Teele Langford ; foreword, Robert Baxt.

Annandale, N.S.W. : Federation Press, 2014.

86507

Directors of corporations -- Legal status, laws, etc. -- Australia.

Directors of corporations -- Legal status, laws, etc. -- Great Britain.

Corporate governance -- Australia.

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. Introduction

Directors' fiduciary duties

Shift in Australian fiduciary theory

The bona fide rule

The fiduciary nature of the bona fide rule

The conflicts and profits rules

The proper purposes rule

The duties to retain discretions and to disclose

The duty of care

Remedies

Comparative evaluation

Conclusion.

Dr Langford's monograph analyses a number of complex and foundational issues relating to director's fiduciary duties in a clear but deeply considered fashion. Dr Langford deals first with contemporary Australian fiduciary theory before considering in more detail each of the specific duties imposed on directors. In this analysis, Dr Langford gives particular focus to the central and foundational nature of the duty to act in good faith in the interests of the company and, in so doing, is critical of the view that the duties to avoid conflicts and profits are the only remaining fiduciary duties. In considering these issues, Dr Langford also analyses the relationship between the various fiduciary duties and the equivalent statutory rules.

Table of contents is taken from the published work with the permission of the publisher.

Includes bibliographical references and index.

9781760021115

9781862879737

xxxii, 207 p. ; 22 cm