Title: Directors or the Board of Directors——A Study on the Norm "Director"in Art.60 (3) of Company Act
Abstract: A proper comprehension of concept Director in Art.60 (3) of Company Act is of essential theoretical and practical significance. From legal interpretation aspect and legal application aspect, this article submits that norm Director in this article should be interpreted as individual directors, not the board of in company. Aiming to have Company Act regulations on Duty of Care and Duty of Loyalty of directors more scientific and more precise, article further puts forward a legislative proposal on modifying Art.60 (3) of Company Act.
Publication Year: 2004
Publication Date: 2004-01-01
Language: en
Type: article
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