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Directing the Directors-Assumptions about the Effectiveness of Corporate Law

Bottomley, Stephen

Description

Directors are important economic actors. In recent years there has been considerable debate between Australian judges, legislators, and law reformers about the formulation of appropriate liability rules for company directors. This debate relies on a number of assumptions about the effect which law can and ought to have on directors' behaviour. This paper reviews the law, examines these assumptions, and concludes that we have little clear empirical information about the effect of the law in this...[Show more]

dc.contributor.authorBottomley, Stephen
dc.date.accessioned2015-12-13T23:23:33Z
dc.date.available2015-12-13T23:23:33Z
dc.identifier.issn0004-8992
dc.identifier.urihttp://hdl.handle.net/1885/91841
dc.description.abstractDirectors are important economic actors. In recent years there has been considerable debate between Australian judges, legislators, and law reformers about the formulation of appropriate liability rules for company directors. This debate relies on a number of assumptions about the effect which law can and ought to have on directors' behaviour. This paper reviews the law, examines these assumptions, and concludes that we have little clear empirical information about the effect of the law in this area.
dc.publisherBlackwell Publishing Ltd
dc.sourceAustralian Economic History Review
dc.titleDirecting the Directors-Assumptions about the Effectiveness of Corporate Law
dc.typeJournal article
local.description.notesImported from ARIES
local.description.refereedYes
local.identifier.citationvolume39
dc.date.issued1999
local.identifier.absfor180109 - Corporations and Associations Law
local.identifier.ariespublicationMigratedxPub22727
local.type.statusPublished Version
local.contributor.affiliationBottomley, Stephen, ANU College of Law, ANU
local.bibliographicCitation.startpage239
local.bibliographicCitation.lastpage257
dc.date.updated2015-12-12T09:16:49Z
local.identifier.scopusID2-s2.0-33747967214
CollectionsANU Research Publications

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