Jurnal Panorama Hukum
Vol 2 No 1 (2017): Juni

BUSINESS JUDGEMENT RULE OLEH DIREKSI PERSEROAN

Isfardiyana, Siti Hapsah (Unknown)



Article Info

Publish Date
05 Jun 2017

Abstract

A directors are required to have a standard of integrity and loyalty is high, appearing and acting in the interests of the company's bona fides. However, such losses can not be directly held accountable to the board of directors only for the reason wrong in deciding (mere error of judgment). Directors can be detached from the personal liability of directors if it can prove that the directors have applied the doctrine of the business judgment rule which has been carrying out its duties properly in accordance with the principles of a viable business. Thus, the directors can be detached from accountability for breach of fiduciary duty where the directors can prove negligence or fault that caused the damages is still within certain limits and tindakannnya is not for personal gain.

Copyrights © 2017






Journal Info

Abbrev

jph

Publisher

Subject

Law, Crime, Criminology & Criminal Justice

Description

Manuscript is relevant for scientific investigation with the journal scope such as Criminal Law, Civil Law, Business Law, Civic Law, and International Law. ...