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Corporate Governance and the Implications of the Business Judgement Rule.

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	Corporate Governance and the Implications of the Business Judgement Rule./
作者:	Masondo, Ntombenhle Candice.
出版者:	Ann Arbor : ProQuest Dissertations & Theses, : 2021,
面頁冊數:	37 p.
附註:	Source: Masters Abstracts International, Volume: 83-05.
Contained By:	Masters Abstracts International83-05.
標題:	Fisheries. -
電子資源:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=28701180
ISBN:	9798544210238

Corporate Governance and the Implications of the Business Judgement Rule.
Masondo, Ntombenhle Candice.

Corporate Governance and the Implications of the Business Judgement Rule. - Ann Arbor : ProQuest Dissertations & Theses, 2021 - 37 p.

Source: Masters Abstracts International, Volume: 83-05.

Thesis (LL.M.)--University of Johannesburg (South Africa), 2021.

This item must not be sold to any third party vendors.

The business judgment rule originated from the United States of America and was codified in the Companies Act 2008 under section 76(4). This rule relates directly to the duty to act in the best interest of the company and the duty to act with care, skill and diligence. The rule provides protection to directors for their decisions which have an undesirable result, provided the director was compliant with the requirement to take reasonable steps to becoming informed on the matter, had no conflict of interest and rationally believed he acted in the best interest of the company. The recommendation that the business judgment rule should be codified into South African law was criticized by various academic authors who deemed the codification unnecessary. Regardless, the rule has been codified and it is important to evaluate the requirements and operation of the rule.Like South Africa, Australia introduced a codification of the business judgment rule. This dissertation will provide a legal comparison between South Africa and Australia's codification of the rule. A critical analysis of the field of application, requirements and operation of the rule will be undertaken. Furthermore, the similarities and differences in the two countries' approach to the codification will be discussed. The dissertation will provide recommendations for South Africa to ensure that the rule is interpreted and applied in a manner which will limit potential issues.

ISBN: 9798544210238Subjects--Topical Terms:

609669
Fisheries.

Corporate Governance and the Implications of the Business Judgement Rule.
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