Market freedom or shareholders' protection? A comparative analysis of the duties of nominee directors
Abstract
Purpose
The purpose of this paper is to examine the recent codification of the duties of nominee directors in Malaysia.
Design/methodology/approach
Comparative law and legal theory.
Findings
The paper finds that the Malaysian approach to the duties of nominee directors is overly prescriptive and inconsistent with commercial reality.
Practical implications
A review of the law on the duties of nominee directors in Malaysia is called for.
Originality/value
This paper highlights the need for clear law reform objectives and made comparisons of the law across jurisdictions.
Keywords
Citation
Rizal Salim, M. and Tai Yong, T. (2008), "Market freedom or shareholders' protection? A comparative analysis of the duties of nominee directors", International Journal of Law and Management, Vol. 50 No. 4, pp. 168-188. https://doi.org/10.1108/17542430810890350
Publisher
:Emerald Group Publishing Limited
Copyright © 2008, Emerald Group Publishing Limited