Current trends

Time:
Pay Per View : Free

Type : Public Event

Details: Historically, directors' duties have been owed almost exclusively to the company and its members, and the board was expected to exercise its powers of the company. However, more recently there have been attempts to "soften" the position, and provide for more scope for directors to act as good corporate citizens. For example, in the United Kingdom, the requires directors of companies "to promote the success of the company for the benefit of its members as a whole" and sets out the following six factors regarding a director's duty to promote success: