File Download
There are no files associated with this item.
Links for fulltext
(May Require Subscription)
- Publisher Website: 10.1111/j.1468-2230.2012.00898.x
- Scopus: eid_2-s2.0-84857757619
- WOS: WOS:000300932700004
- Find via
Supplementary
- Citations:
- Appears in Collections:
Article: The Irreducible Core of the Duty of Care, Skill and Diligence of Company Directors: Australian Securities and Investments Commission v Healey
Title | The Irreducible Core of the Duty of Care, Skill and Diligence of Company Directors: Australian Securities and Investments Commission v Healey |
---|---|
Authors | |
Keywords | Common Law Duties Of Care Directors Financial Reporting Skill And Diligence |
Issue Date | 2012 |
Publisher | Blackwell Publishing Ltd. The Journal's web site is located at http://www.modernlawreview.co.uk/default.asp |
Citation | Modern Law Review, 2012, v. 75 n. 2, p. 249-260 How to Cite? |
Abstract | The decision in ASIC v Healey raises hitherto unexplored questions about the standard of care of non-executive directors in monitoring the production of financial statements. More particularly, it considers the power of directors to delegate areas of responsibility requiring specialist knowledge and the degree of permissible reliance on professional advisers. The reasoning of the judge will doubtless prove helpful to the English courts not only in relation to duty of care issues under section 174 of the Companies Act 2006, but also when considering the duty to exercise independent judgment which is now restated in section 173. © 2012 The Authors. The Modern Law Review © 2012 The Modern Law Review Limited. |
Persistent Identifier | http://hdl.handle.net/10722/183384 |
ISSN | 2023 Impact Factor: 1.5 2023 SCImago Journal Rankings: 0.267 |
ISI Accession Number ID | |
References |
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Lowry, J | en_US |
dc.date.accessioned | 2013-05-27T07:11:52Z | - |
dc.date.available | 2013-05-27T07:11:52Z | - |
dc.date.issued | 2012 | en_US |
dc.identifier.citation | Modern Law Review, 2012, v. 75 n. 2, p. 249-260 | en_US |
dc.identifier.issn | 0026-7961 | en_US |
dc.identifier.uri | http://hdl.handle.net/10722/183384 | - |
dc.description.abstract | The decision in ASIC v Healey raises hitherto unexplored questions about the standard of care of non-executive directors in monitoring the production of financial statements. More particularly, it considers the power of directors to delegate areas of responsibility requiring specialist knowledge and the degree of permissible reliance on professional advisers. The reasoning of the judge will doubtless prove helpful to the English courts not only in relation to duty of care issues under section 174 of the Companies Act 2006, but also when considering the duty to exercise independent judgment which is now restated in section 173. © 2012 The Authors. The Modern Law Review © 2012 The Modern Law Review Limited. | en_US |
dc.language | eng | en_US |
dc.publisher | Blackwell Publishing Ltd. The Journal's web site is located at http://www.modernlawreview.co.uk/default.asp | en_US |
dc.relation.ispartof | Modern Law Review | en_US |
dc.subject | Common Law Duties Of Care | en_US |
dc.subject | Directors | en_US |
dc.subject | Financial Reporting | en_US |
dc.subject | Skill And Diligence | en_US |
dc.title | The Irreducible Core of the Duty of Care, Skill and Diligence of Company Directors: Australian Securities and Investments Commission v Healey | en_US |
dc.type | Article | en_US |
dc.identifier.email | Lowry, J: jlowry@hku.hk | en_US |
dc.identifier.authority | Lowry, J=rp01750 | en_US |
dc.description.nature | link_to_subscribed_fulltext | en_US |
dc.identifier.doi | 10.1111/j.1468-2230.2012.00898.x | en_US |
dc.identifier.scopus | eid_2-s2.0-84857757619 | en_US |
dc.relation.references | http://www.scopus.com/mlt/select.url?eid=2-s2.0-84857757619&selection=ref&src=s&origin=recordpage | en_US |
dc.identifier.volume | 75 | en_US |
dc.identifier.issue | 2 | en_US |
dc.identifier.spage | 249 | en_US |
dc.identifier.epage | 260 | en_US |
dc.identifier.isi | WOS:000300932700004 | - |
dc.publisher.place | United Kingdom | en_US |
dc.identifier.scopusauthorid | Lowry, J=55050464300 | en_US |
dc.identifier.issnl | 0026-7961 | - |