Matches in SemOpenAlex for { <https://semopenalex.org/work/W2624721868> ?p ?o ?g. }
Showing items 1 to 86 of
86
with 100 items per page.
- W2624721868 abstract "Directors’ concerns about personal liability exposure in Australia have occupied the minds of academics, professionals and government institutions for many years. The introduction of the statutory business judgment rule in s 180(2) of the Corporations Act 2001 (Cth) was welcomed widely and with enthusiasm. However, a closer look at this statutory rule and the few cases where it was used as a defence, reveal that the actual protection it provided for directors against personal liability is negligible. This paper will discuss the various proposals for reform made by academics, government organisations and industry bodies. It will also argue that the current state of affairs in Australia regarding the statutory business judgment rule is one of uncertainty, and that the protection directors hoped would be provided by the safe harbour provision in s 180(2) is illusory. Wider protection for directors against personal liability is proposed in this paper. It is proposed that s 180(2) and (3) are repealed and a new section inserted in Ch 9 (Miscellaneous) of the Corporations Act 2001 (Cth). The new section would provide protection against personal liability beyond mere ‘business judgments’ as currently defined in s 180(3). This means the protection will also be available for alleged breaches and contraventions of other provisions of the Corporations Act 2001 (Cth), thus overcoming one of the most serious limitations of the current statutory business judgment rule — it only provided protection when directors are sued for a breach of their duty of care and diligence under s 180(1). The new proposal is based partly on other proposals already suggested in Australia, but this new proposal is also informed by international perspectives." @default.
- W2624721868 created "2017-06-23" @default.
- W2624721868 creator A5062818897 @default.
- W2624721868 creator A5081520576 @default.
- W2624721868 date "2016-01-01" @default.
- W2624721868 modified "2023-09-26" @default.
- W2624721868 title "Defences and Relief from Liability for Company Directors: Widening Protection to Stimulate Innovation" @default.
- W2624721868 hasPublicationYear "2016" @default.
- W2624721868 type Work @default.
- W2624721868 sameAs 2624721868 @default.
- W2624721868 citedByCount "1" @default.
- W2624721868 countsByYear W26247218682019 @default.
- W2624721868 crossrefType "posted-content" @default.
- W2624721868 hasAuthorship W2624721868A5062818897 @default.
- W2624721868 hasAuthorship W2624721868A5081520576 @default.
- W2624721868 hasConcept C10138342 @default.
- W2624721868 hasConcept C121955636 @default.
- W2624721868 hasConcept C138885662 @default.
- W2624721868 hasConcept C144133560 @default.
- W2624721868 hasConcept C158129432 @default.
- W2624721868 hasConcept C162324750 @default.
- W2624721868 hasConcept C17744445 @default.
- W2624721868 hasConcept C190253527 @default.
- W2624721868 hasConcept C199539241 @default.
- W2624721868 hasConcept C25253098 @default.
- W2624721868 hasConcept C2776218876 @default.
- W2624721868 hasConcept C2776697845 @default.
- W2624721868 hasConcept C2777637287 @default.
- W2624721868 hasConcept C2777731549 @default.
- W2624721868 hasConcept C2777834853 @default.
- W2624721868 hasConcept C2778137410 @default.
- W2624721868 hasConcept C2779103253 @default.
- W2624721868 hasConcept C2779589421 @default.
- W2624721868 hasConcept C2780899237 @default.
- W2624721868 hasConcept C2781016034 @default.
- W2624721868 hasConcept C39389867 @default.
- W2624721868 hasConcept C41895202 @default.
- W2624721868 hasConceptScore W2624721868C10138342 @default.
- W2624721868 hasConceptScore W2624721868C121955636 @default.
- W2624721868 hasConceptScore W2624721868C138885662 @default.
- W2624721868 hasConceptScore W2624721868C144133560 @default.
- W2624721868 hasConceptScore W2624721868C158129432 @default.
- W2624721868 hasConceptScore W2624721868C162324750 @default.
- W2624721868 hasConceptScore W2624721868C17744445 @default.
- W2624721868 hasConceptScore W2624721868C190253527 @default.
- W2624721868 hasConceptScore W2624721868C199539241 @default.
- W2624721868 hasConceptScore W2624721868C25253098 @default.
- W2624721868 hasConceptScore W2624721868C2776218876 @default.
- W2624721868 hasConceptScore W2624721868C2776697845 @default.
- W2624721868 hasConceptScore W2624721868C2777637287 @default.
- W2624721868 hasConceptScore W2624721868C2777731549 @default.
- W2624721868 hasConceptScore W2624721868C2777834853 @default.
- W2624721868 hasConceptScore W2624721868C2778137410 @default.
- W2624721868 hasConceptScore W2624721868C2779103253 @default.
- W2624721868 hasConceptScore W2624721868C2779589421 @default.
- W2624721868 hasConceptScore W2624721868C2780899237 @default.
- W2624721868 hasConceptScore W2624721868C2781016034 @default.
- W2624721868 hasConceptScore W2624721868C39389867 @default.
- W2624721868 hasConceptScore W2624721868C41895202 @default.
- W2624721868 hasLocation W26247218681 @default.
- W2624721868 hasOpenAccess W2624721868 @default.
- W2624721868 hasPrimaryLocation W26247218681 @default.
- W2624721868 hasRelatedWork W132579130 @default.
- W2624721868 hasRelatedWork W14801960 @default.
- W2624721868 hasRelatedWork W1590803081 @default.
- W2624721868 hasRelatedWork W1961749648 @default.
- W2624721868 hasRelatedWork W2093465958 @default.
- W2624721868 hasRelatedWork W2132781078 @default.
- W2624721868 hasRelatedWork W2267540040 @default.
- W2624721868 hasRelatedWork W2268917053 @default.
- W2624721868 hasRelatedWork W2273375929 @default.
- W2624721868 hasRelatedWork W2491022641 @default.
- W2624721868 hasRelatedWork W2756996018 @default.
- W2624721868 hasRelatedWork W2922441533 @default.
- W2624721868 hasRelatedWork W2942597936 @default.
- W2624721868 hasRelatedWork W2945793579 @default.
- W2624721868 hasRelatedWork W3123094550 @default.
- W2624721868 hasRelatedWork W3124283794 @default.
- W2624721868 hasRelatedWork W3151688019 @default.
- W2624721868 hasRelatedWork W3187112721 @default.
- W2624721868 hasRelatedWork W3205265872 @default.
- W2624721868 hasRelatedWork W438396646 @default.
- W2624721868 isParatext "false" @default.
- W2624721868 isRetracted "false" @default.
- W2624721868 magId "2624721868" @default.
- W2624721868 workType "article" @default.