Abstract
Evaluates the effectiveness of directors' roles and responsibilities in the UK's unitary board structure and Germany's two tier board structure from a knowledge based perspective. Reviews the principles underpinning such an approach and examines: (1) the main elements of German company law concerning directors' powers and duties; and (2) the UK position, including case law on the role of non executive directors in the unitary board and the conclusions of the 2002 White Paper entitled Modernising Company Law. Assesses the potential for teamwork and knowledge creation within both systems and compares their approaches to developments in corporate governance, the concept of collective responsibility and the responsibilities of part time directors. © 2011 Sweet & Maxwell
Original language | English |
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Pages (from-to) | 443-472 |
Number of pages | 30 |
Journal | Journal of Business Law |
Issue number | July |
Publication status | Published - Jul 2005 |
Keywords
- Company law
- Corporate governance
- Germany
- United Kingdom