1. Introduction -- 2. What is accountability? -- 3. Why do we need accountability? -- 4. To whom is the board accountable? -- 5. The objectives of accountability -- 6. For what are boards to account? -- 7. Accountibility mechanisms -- 8. Accountability : limits, obstacles and drawbacks -- 9....

The general duties owed by directors to their companies are a critical element of company law overall, and corporate governance in particular. If these duties are breached the board, acting on behalf of the company, is empowered to decide whether to take action against the miscreant directors....

Accountability is a concept that has been frequently referred to in Anglo-American systems and in the OECD's corporate governance documents, as well as in the English translations of corporate governance documents from non-English speaking jurisdictions. It is in the Anglo-American literature,...