Research Article
Corporate Governance and the Business Judgment Rule: Fiduciary Duties of Directors in Canada and the People’ss Republic of China
Matthew P Ponsford*
JD, BSc, LLM (Master of Laws), McGill University, Canada
- *Corresponding Author:
- Matthew P Ponsford, JD, BSc
JD, BSc, LLM (Master of Laws)
McGill University, Canada
Tel: 514-398-8411
E-mail: matthew.ponsford@mail.mcgill.ca
Received Date: December 31, 2015 Accepted Date: January 20, 2016 Published Date: January 27, 2016
Citation: Ponsford MP (2016) Corporate Governance and the Business Judgment Rule: Fiduciary Duties of Directors in Canada and the People’s Republic of China. J Civil Legal Sci 5:171. doi:10.4172/2169-0170.1000171
Copyright: © 2016 Ponsford MP. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Abstract
This paper will examine the fiduciary duties of directors expressed in statutory instruments in Canada and China. Analyses herein incorporate statutes and corporate law, secondary literature, newspaper commentary, and select jurisprudence, to help elucidate the similarities and differences between the two countries’ regulatory frameworks, from the perspective of corporate governance and responsible business decision-making.