Directors of the huge publicly owned companies have a very essential function in the market as a whole and the operations and success of these firms. These managers have decision making duties that change numerous groups of stakeholders.
Note on Directors' Duties and Obligations Under Canadian Law and Custom Case Study Solution
Directors are leap by the Ontario Securities Act and by Canada Business Corporations Act (or its regional counterpart for provincially integrated businesses). Managers have several obligations and failure to comprehend these responsibilities and duties exposes directors to accountability.
PUBLICATION DATE: June 26, 2008 PRODUCT #: 908M42-HCB-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE