Publication details

K některým otázkám právního postavení členů představenstva akciové společnosti

Title in English Some questions of legal statut of members of board of directors of a stock corporation
Authors

POKORNÁ Jarmila

Year of publication 2008
Type Article in Proceedings
Conference Pocta Stanislavu Plívovi k 75. narozeninám : aktuální otázky soukromého práva na počátku nového tisíciletí
MU Faculty or unit

Faculty of Law

Citation
Field Law sciences
Keywords director; board of directors; principal-agent;act on with due professional diligence;bussines judgment rule in german law and in czech law
Description The paper considers a possibility to apply the bussines judgment rule in the czech legal regulation of the legal statut of members of board of directors of a stock corporation. This rules bring major legal certainty for the directors, because they associate their liability for damage with quantity of effort made by performance of their duties in face of corporation. The bussines judgment rule is a stabilized collection of standards which allows consider correctly their steps by undertaking of business of corporation. Applying the bussines judgment rules judicial review does not infringe upon the deliberative autonomy of directors. The investors would on the contrary get rid of the directors which act irresponsible at break the rules. Negative turned up this applying of the bussines judgment rules cab be a tendency support every decision with proofs beyond a reasonable doubt.
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