Description
Company directors usually enjoy an enviable status commanding considerable respect in the corporate world. In Malaysia and Singapore, many are known to occupy prestigious positions as managing directors or executive directors.
Irrespective of the size of the company, there are complex laws and rules governing the role, responsibilities and liabilities of a director. There are directors who are completely unaware of the full ramification of their corporate actions because they rely solely on their respective company secretaries or corporate consultants. There are often problems and implications associated with corporate decisions regarding personal obligations, liabilities and penalties which all directors are subject to under the prevailing local Companies Act.
This book focuses mainly on the aspects of directorship and, in particular, of the directors' relationships with their corporations. The author discusses in detail the latest legislation, regulations, role, responsibilities, rewards and liabilities of each director. Also included is a chapter on the role and responsibilities of a corporate secretary.
Written specifically in layman's language, free from the usual complicated phrases and jargon associated with each topic or subject, this book should serve as a useful guide for aspiring directors and corporate secretaries as well as for students pursuing management, secretarial, law and accountancy courses.