The Civil Duties And Obligations Of Company Directors

As the stock ownership has shifted from the stockholders' conference to the directorate, the rights of the company directors in their business operation have been expanding and have become the pivotal part. Therefore, it is very necessary to clear off the legal relationship between the directors and their company, perfect their obligations, and intensify their duties. This essay shows clearly that the directors have dual legal relationships with the company, which are consigning and supplying. On the relationships, the essay expatiates the national regulations about the civil duties and obligations of company directors, discusses how to consummate those of our country according to the laws of other countries, and put forwards some opinions on these problems.The first part carries up the means of director, analyses the character of the company, explains the types of the directors, shows clearly the dual legal relationships between directors and the company and establishes rationale for the further discussions.The second part proceeding with analyzing the inevitability of obligations of the directors, expatiates their two main obligations. It also expatiates our national regulations about the civil duties and obligations of company directors, using other countries' laws about these for reference, analyses the shortages of our regulations about obligations of company directors.The third part and the last part of this essay put the approach and the way, on which the civil obligations of company directors have been carried out, into effect, by explaining the kinds of civil obligations of directors and the principal part andprincipal way of them, and put forwards perfect schemes.