The traditional directors duty of care at common law has long been criticized as being highly subjective. There is wide debate among academics that an inevitable result of the move from a subjective to an objective test is to give the courts greater power and role in defining the functions of the board.
Critically discuss the statement in relation to the director’s core duty of loyalty, duty of care and conflict of interest under the Companies Act 2006.
Respond to your colleagues’ postings in one or more of the following ways:
Ask a probing question.
Share an insight from having read your colleague’s posting.
Offer and support an opinion.
Validate an idea with your own experience.
Make a suggestion.
Expand on your colleague’s posting.
Expand on the students essay and make some additional observations/recommendation
