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Rethinking directors' duties in changing global markets

Peter Waring (Peter Waring is an assistant professor at the Faculty of Business and Law, University of Newcastle, NSW, Australia.)

Corporate Governance

ISSN: 1472-0701

Article publication date: 11 April 2008




This paper aims to examine whether directors duties, as they are typically presented in Anglo‐American corporations law, remain appropriate and relevant given recent corporate governance developments and trends in global product and capital markets.


The paper employs a comparative approach, examining aspects of corporate governance developments in the UK, the US and Australia.


The paper finds that product and capital markets are increasingly placing a premium on good corporate social responsibility and hence, Anglo‐American corporations law should be reformed to clarify directors' capacity to address broader stakeholder concerns.


The paper provides a comprehensive summary of important currents in contemporary corporate governance and provides a market‐driven justification for changing corporations law.



Waring, P. (2008), "Rethinking directors' duties in changing global markets", Corporate Governance, Vol. 8 No. 2, pp. 153-164.



Emerald Group Publishing Limited

Copyright © 2008, Emerald Group Publishing Limited

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