Corporate Governance: Directors’ Duties in the EU & the USA
Absztrakt
Based on increasing internationalisation, the ownership and management control are separated in contemporary organisations, which has heightened significance of corporate governance. It has been addressed by researchers that corporate scandals have increased, which has called for corporate governance to combat global trends of corporate failures. During this study, I will indicate the corporate governance and directors duties in different legal systems, the EU, UK. Because there is no single code for the entire EU member states, comparing between the US Corporate Governance which applies to a whole national legal system was really tricky, also, the UK dropping out of the European Union. Had also made it very difficult to make the search, it was nearly impossible to avoid the role of the UK in introducing corporate governance to the EU, and it was very essential to mention the cases of the United kingdom, the 2006 UK Company Act articles regarding the directors duties.