Directors' Responsibilities Guide

Today’s business organizations, whether emerging enterprises or global giants, face increased regulatory scrutiny, an intensely competitive marketplace and emboldened stakeholders, making the stewardship of such organizations by boards of directors all the more complex.
 
Developed by Osler, Hoskin & Harcourt LLP in collaboration with the ICD, the 6th edition of Directors’ Responsibilities in Canada offers Canadian directors a comprehensive guide to the responsibilities and potential liabilities imposed on directors of Canadian corporations, as well as strategies for mitigating business as well as personal risk.
 
The guide features a commentary on recent trends by Stan Magidson, President and CEO of the ICD and Vice Chair of the Global Network of Director Institutes (GNDI) as well as, uniquely, a foreword by ICD Fellows, Peter Dey, Brian Levitt, and the late Purdy Crawford, to whom the guide is dedicated.
 
Directors’ Responsibilities in Canada includes chapters on corporate and common law duties of directors, the role of shareholders, the process by which boards discharge their responsibilities, decisions that directors typically face, additional statutory duties imposed on directors, and the ways that directors can reduce their risk of personal liability. 
 
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