Law Institute Victoria

Full Record

< Back To Results | Email Record
Directors duty of care and the business judgment rule
Record ID:
20092
Format:
LIJ Article
Year:
1998
Author:
Lyon, Greg ;
Subject:
Business Judgment Rules ; Company Directors ; Directors' Duties ; Corporate Governance ; Duty of Care ;
Source:
LIJ (1998) 72 No 10
Date_of_entry:
24/12/1998
Legislation:
Corporate Law Economic Reform Act 1998 (CLERP Act)
Notes:
Company directors are under pressure to exercise business judgment in order to maximise returns for shareholders and to promote the profitability of the company. ; The Corporate Law Economic Reform Program (CLERP) has proposed the introduction of a safe harbour rule for company directors who must exercise business judgment. The article questions whether such a rule is desirable. ; The Cooney Report - Senate inquiry into the social and fiduciary obligations of company directors.
Section:
Articles
Cases:
AWA v Daniels ; Daniels v Anderson ;
Month:
October

Request Article

Item Availability
Expand View
Item Availability
Collapse View
Similar Items
Expand View
Similar Items
Collapse View
Expand | Email | Save
Australia's statutory business judgment rule: a reversal of a rising standard in corporate governance?
Author:
Keller, Ben ;
Year:
2001
Subject:
Corporations Law ; Company Directors ; Directors' Duties ; Business Judgment Rules ; Corporate Governance ; Turquand v Marshall ; Re Denham and Co ; PineVale Investments v McDonnell and East Ltd ; Daniels v Anderson ; AWA Ltd v Daniels ; State Bank of South Australia v Marcus Clarke ; Re City Equitable Insurance ;
Cybersecurity tips for boards
Author:
Boyles, Katherine ;
Year:
2023
Subject:
Company Directors ; Directors' Duties ; Duty of Care ; Privacy ; Cyber Security ; Obligations ; Australian Securities and Investment Commission v RI Advice Group Pty Ltd [2022] FCA 496 ;
Corporate governance dangers of deeds of indemnity, access and insurance
Author:
Kyrou, Emilios ;
Year:
2003
Subject:
Corporate Governance ; Directors' Duties ; Directors Liability ; Indemnities ; Insurance ; Australian Securities and Investments Commission v Adler (2002) 41 ACSR72 ; Daniels Corporation International Pty Ltd V Australian Competitition andConsumer Commission (2002) 192 ALR 561 ;
Risky business
Author:
Trethewey, Jane ; Edmundson, Peter ;
Year:
2004
Subject:
Taxation ; Corporate Governance ; Directors' Duties ; Risk Management ;
Directors called to account
Author:
Twentyman, Brad ;
Year:
2012
Subject:
Company Directors ; Directors' Duties ; Law Reform ; PAYG ; Taxation ; Penalties ; Taxation Of Superannuation ;
At your peril
Author:
Bean, Gerry ;
Year:
2021
Subject:
Directors' Duties ; Corporate Social Responsibility ; Corporate Governance ; Environmental Risk Management ; Risk Assessment ; Risk Management ;
The bored board that learned to care
Author:
Wise, E.J. ;
Year:
2021
Subject:
Technology ; Boards of Directors ; Company Directors ; Governance ; Corporate Governance ; Cyber Security ; Risk Management ;
Nature positive outcomes
Author:
Williams, Jodie ;
Year:
2022
Subject:
Environmental Law ; Environment Protection ; Corporate Governance ; Environmental Risk Management ; Directors' Duties ; Climate Change ;
Duty of care
Author:
Brown, Catherine ;
Year:
1991
Subject:
Disabled Persons ; Duty of Care ; Scanlon v. American Cigarette Company (Overseas) Pty. Ltd. & Anor (No. 5)[1987] V.R. 289 ;
Still silvery on its diamond jubilee?
Author:
Tooher, Joycey ;
Year:
1992
Subject:
Judgments ; Duty of Care ; Donoghue v. Stevenson [1932] A.C. 562 ;
LIV Social
Footer