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Company directors

Practical information and guidance on the duties, role and responsibilities of company directors

In this section

 

Employee engagement during Covid-19

This know-how guide outlines why appointing an employee director and directors’ use of social media have particular relevance during COVID-19. These suggestions can no longer be described as radical. Companies have shown far greater agility because much more significant changes have been made as a result of COVID-19.

Why company directors should use social media

Directors should start using social media to engage with all stakeholders. Social media attracts an enormous number of users, including company employees, suppliers, and existing and new customers. In this ICAEW Connect and Reflect report, we describe the benefits of social media for directors.

Webinars and other recordings

Current issues for IPs

This on-demand session from experts at Manolete Partners PLC covers several topics of interest to IPs, including the suspension of wrongful trading and directors’ duties, important recent cases, and the Corporate Insolvency and Governance Act.

How can you be an effective director in the time of COVID-19?

In the current climate of business stress and uncertainty caused by the COVID-19 outbreak, now more than ever directors need a clear strategy and strong principles to see their boards through this storm.

7 reasons why being on a board is good for your career

This webinar is open to all and will benefit any member who is wishing to build their governance experience, regardless of gender

Disclaimer: The opinions expressed by external guest speakers in interviews or other publications included on this website are, by their nature, those of the speaker. They are not necessarily fully endorsed by the ICAEW or purport to reflect the official policies and views of the ICAEW or its members.

Legal Alert is a monthly checklist from Atom Content Marketing highlighting new and pending laws, regulations, codes of practice and rulings that could have an impact on your business.

Case law: Unfairly prejudicial conduct at subsidiary level can result in successful claim by shareholder of parent company

Shareholders/directors in group situations should note that unfairly prejudicial conduct in relation to the affairs of a subsidiary company in a group may also amount to unfairly prejudicial conduct of the parent company’s affairs; and the subsidiary and parent may also be part of a quasi-partnership - widening the scope for an unfair prejudice claim.

Case law: High Court gives guidance on ‘de facto’ directors

Limited companies will welcome guidance on how to determine whether they have ‘de facto’ directors – those not formally appointed as directors but treated by a court as having fiduciary and other duties to the company as if they had been formally appointed because they have behaved as if they were full directors – following a recent High Court ruling.

Disclaimer: These publications from Atom Content Marketing are for general guidance only, for businesses in the United Kingdom governed by the laws of England. Atom Content Marketing, expert contributors and ICAEW (as distributor) disclaim all liability for any errors or omissions.

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Directors' duties and liabilities

Chapter 4 looks at the directors' duties in common law, statutory duties, disqualification, liability for breach of duties and Directors and Officers Insurance.

Executive directors

Chapter 12 - The role of the executive director, chief executive and finance director are outlined as well as director remuneration and the roles and responsibilities of the remuneration committee. Pay, pensions and other benefits, disclosure requirements, contracts and severance are also covered.

Directors' meetings and resolutions

An authoritative guide to company secretarial practice. Detailed commentary is accompanied by over 80 precedents. Chapter 9 of the handbook - Directors' meetings and resolutions - looks at procedures around appointment of committees, board meetings minutes and the role of the company secretary in relation.

Directors

An authoritative guide to company secretarial practice. Detailed commentary is accompanied by over 80 precedents. Chapter 6 of the handbook looks at directors and related procedures - types of directors, their role, responsibilities and liabilities, appointment and removal of.

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As a board director are you sufficiently savvy?

The author makes pointers to directors on financial aspects of running a company that directors should be aware of and issues which they should should consider as apart of their role and responsibilities.

Directors duties: managing potential conflicts of industry

The article focuses on the duties of directors especially in the management of possible conflicts of interest. Topics discussed include an overview of directors, the duties of directors, the serious consequences encountered by directors, the avoidance of the conflicts of interest, and the provisions of the Compact Act 2006, Section 175.

Safeguarding the crown jewels: the board's role

The article focuses on the topic of cyber risk, discussing its challenges for company boards s and management. It looks at effective cyber-risk governance and the key questions to be answered by the management and considerations for board members should consider and questions the board should be asking management .

The board role in compliance

Corporate scandals have made it clear that boards need to pay closer attention to compliance. The article explains how an effective board can build stronger relationships with compliance staff in the interest of strong corporate governance.

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Useful links

Being a company director

Government guidance on the duties of a director and a director's responsibility to Companies House.

Competition disqualification orders

Guidance from the Office of Fair Trading (OFT) designed to help company directors understand their responsibilities under competition law.

Guidance on directors duties: section 172 and stakeholder considerations

This guidance aims to provide practical help to directors on their performance of the section 172 duty - to act, in good faith, in a way that you believe 'would be most likely to promote the success of the company for the benefit of its shareholders as a whole'.

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