A CRITICAL ANALYSIS OF DIRECTORS DUTY UNDER OHADA AND ENGLISH CORPORATE LAW
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DOI:
https://doi.org/10.55662/Keywords:
Corporate Governance, Protection, Director’s duties, Company, Law, theoriesAbstract
Many has various viewpoints on the theoretical foundations underpinning corporations. These viewpoints have led to the formulation of different theories in terms of which the corporation is defined. Unfortunately, these views have brought so many worries to corporate participants who want to know the relationship with the company, their economic activity and their regulators. Companies are run by directors who are entrusted to manage the company, and has the expertise to makes the day-to-day business decisions. The OHADA as well as the English legislators have given a list of director’s duties to protect corporate stakeholders. The comparison between these systems will enlighten investors on the legal system which best protect their interest. Therefore, our main objective in this paper is to examine the director’s duties as well as analyse their corporate liabilities under the OHADA and English law respectively without living out some robust proposals for reforms. To achieve the said objective, we employed a content analysis approach in the whole write-up.
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