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.
Company Directors guidance
Guidance and reports from the ICAEW on the role and responsibilities of a company director
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.
Practical guidance for directors on the importance of whistleblowing during the continually evolving COVID-19 crisis.
This ICAEW guide for directors is intended to reassure directors that they have identified all relevant considerations for themselves and for their companies.
Directors are subject to a variety of sanctions for breach of their duties.
Further information on companies, directors and company law.
Directors have specific responsibilities in relation to operation of the company, including preparing annual reports and accounts.
Directors are responsible for ensuring their company complies with requirements applicable to certain transactions, including raising money from shareholders.
The directors are ultimately responsible for the management of the company.
If a company is in financial difficulty, directors have additional duties to their usual responsibilities.