The Requirements of Good Intentions on Director' s Duty of Care on American Law and An Inspiration for Our Nation
Ge Lian
Abstract
Ge Lian
Abstract
American law introduce the of into the regulations of director's duty of care,especially see infraction of as the factor of getting around of business judgment rule, it means if conducts violate requirements,directors would be responsible for violating the duty of care.This essay starts from the definition of and its relationship with director's duty of care,and seeks for the service condition of requirements of intentions in definite obligations,then make sure about the importance of a test and standard of good intention to care of duty.Finally,to combine the reality of corporation in our nation,to put forward more legislation advice and give an inspiration for the institution of director's duty of care in our nation.
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American law introduce the of into the regulations of director's duty of care,especially see infraction of as the factor of getting around of business judgment rule, it means if conducts violate requirements,directors would be responsible for violating the duty of care.This essay starts from the definition of and its relationship with director's duty of care,and seeks for the service condition of requirements of intentions in definite obligations,then make sure about the importance of a test and standard of good intention to care of duty.Finally,to combine the reality of corporation in our nation,to put forward more legislation advice and give an inspiration for the institution of director's duty of care in our nation.
Key concepts: Duty, Duty of care, Corporation, Law, Legislation, Service (business), Institution, Political science