Personal liability for corporate disclosure problems

Publisher:
Thomsonreuters
Publication Type:
Journal Article
Citation:
Company and Securities Law Journal, 2011, 29 (8), pp. 463 - 476
Issue Date:
2011-01
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Personal liability of company directors - need to harmonise state and federal laws - disclosure practices and requirements under s 1041H of the Corporations Act - distinguishing direct and indirect liability - due diligence defences - need for law reform to balance managerial control with organisational efficiency and innovation.
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