Directors' Duties and Corporate Anti-Corruption Compliance: The 'Good Steward' in US and UK Law and Practice

ISBN-13: 9781786436511 / Angielski / Twarda / 2021 / 336 str.

Patrick J. O'Malley

Opis

This discerning book examines good governance developments in the US and the UK, with a focus on anti-bribery efforts, recognising that with each new major case of corporate malfeasance the parameters of directors' duties change and expand. Taking this expansion of roles and expectations into account, and acknowledging the respective increase in exposure to civil, criminal and reputational liabilities, Patrick J. O'Malley compares the fundamental national compliance experiences of the US and UK. Investigating anti-bribery, corporate and securities law and guidance, this engaging book explores the systemic expectations that directors, executive officers and compliance personnel in public and private companies are subject to, as well as key accountability mechanisms and enforcement actions. Analysing the effectiveness of current law and best practice recommendations, the author's key finding is that directors need to add value to the business while also upholding higher societal, and ethical, values if they wish to meet today's ever evolving standards of corporate stewardship. Highlighting the role of directors and boards as corporate monitors, this thought-provoking book will be a key resource for international lawyers and practitioners working in corporate law and business law, in-house corporate counsel, corporate decision makers within the US, UK and globally, as well as for international investors.