This article examines when it would be appropriate to hold a former director accountable for the appropriation of corporate opportunities which take place after his resignation from a company. It identifies and discusses various principles which may be deduced from the common-law jurisprudence...

This article examines the specific fiduciary duties of directors which apply when the board of directors removes a director from office under section 71(3) of the South African Companies Act 71 of 2008. The consequences of a breach of such duties is also examined, as well as the controversial...

Both sections 71(3) and 163 of the Companies Act 71 of 2008 are innovative in South African company law in that the former section permits the board of directors to remove a fellow director from office, while the latter section extends the oppression remedy to directors. Previously, under the...

The Companies Act 71 of 2008 introduced into South African law a provision which for the first time permits the board of directors to remove another director from office in certain instances. This provision is contained in section 71(3). Compared to the equivalent provision in some leading...

The study documents corporate governance trends and developments at 2,854 companies registered with the US Securities and Exchange Commission (SEC) that filed their proxy statement in the January 1 to November 1, 2018 period and, as of January 2018, were included in the Russell 3000 Index. Data...

This study examines the remuneration of non-executive directors, examining individual monitoring characteristics and director capital in addition to firm characteristics. Using a large sample of FTSE All-Share non-executive directors from 2001-2012, we find that remuneration is positively linked...

The corporate governance is main requirement of corporate business in all over the world. It is the system by which companies are directed and controlled. The board of directors consist of the people who are responsible for directing the company towards success keeping in mind various factors....

Paper Type - Research Paper.Purpose - With boards of directors playing both monitoring and guidance roles, we examine the impact of board structure on firm value in large US and UK firms using the lenses of agency and resource dependence theories. Design/Methodology/Approach - Using a sample of...

Divergent views exist about whether boards must tradeoff advising for monitoring performance when utilizing outside versus inside directors. We suggest a dichotomous tradeoff focus underestimates outside directors' impact on board performance. We find outside director tenure positively...