Powers, Duties and Liabilities of Company Directors:
General Material Designation
[Thesis]
First Statement of Responsibility
Aldahmash, Abdullah Nasser
Title Proper by Another Author
A Comparative Study of the Law and Practice in the UK and Saudi Arabia
Subsequent Statement of Responsibility
Milman, David
.PUBLICATION, DISTRIBUTION, ETC
Name of Publisher, Distributor, etc.
Lancaster University (United Kingdom)
Date of Publication, Distribution, etc.
2021
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
259
DISSERTATION (THESIS) NOTE
Dissertation or thesis details and type of degree
Ph.D.
Body granting the degree
Lancaster University (United Kingdom)
Text preceding or following the note
2021
SUMMARY OR ABSTRACT
Text of Note
Due to the globalisation of business and the concept of borderless business activities, these new phenomena need business management to be open and adopt and practice management' skills with the international in mind, and give good consideration to the circumstances of the internationalisation of the business through directors having powers as provided under contract and law. The financial crises in previous years have demonstrated the importance of directors' duties to manage the company's affairs properly; these crises were a result of many cases of fraud and mismanagement. The directors' duties in the UK and the KSA have been codified to enhance the clarity of the law and make it easier for the responsibilities of directors towards the company and others to be understood. It also aims to prevent fraud and mismanagement that causes corporate collapse. This study investigates and analyses the powers, duties and liabilities of the directors in Saudi Arabia and the UK in order to demonstrate the extent to which these regulation work effectively. This is by a critical evaluation of relevant legislation and case law on the subject matter of the study and demonstrating practical problems, which may result from some legislation. By doing this, the study provides an accurate picture of the directors' powers, duties and liabilities, and provides solutions to practical problems of legislation in the same context.