Controlling directors in a troubled economy - a UK perspective

Citation

Okoli P (2012) Controlling directors in a troubled economy - a UK perspective. International Company and Commercial Law Review.

Abstract
Abstract Considers, with reference to the UK, the mechanisms for controlling directors during times of economic difficulty. Evaluates possible methods of control: (1) by appointment and selection; (2) through effective contract drafting, including the roles of short-term contracts and incentivised bonuses; and (3) by the possible dismissal of directors. Discusses the role which stakeholders should play in controlling directors, and considers how the existing control mechanisms might be improved.

People

Dr Pontian Okoli

Senior Lecturer, Law