"But we had obtained professional / legal advice!" the disclosure conundrum and diectors' dilema
Purpose - In recent enforcement actions by several capital market regulators in some common law jurisdictions, the issue of directors' reliance on legal advice in relation to compliance with their statutory duties has been raised. This paper aims to discuss the dilemma faced by directors and re...
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Format: | Article |
Language: | English |
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Emerald Group Publishing Limited
2013
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Online Access: | http://irep.iium.edu.my/29081/ http://irep.iium.edu.my/29081/1/29081.pdf |