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Market freedom or shareholders' protection? A comparative analysis of the duties of nominee directors

Market freedom or shareholders' protection? A comparative analysis of the duties of nominee... 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. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Law and Management Emerald Publishing

Market freedom or shareholders' protection? A comparative analysis of the duties of nominee directors

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Publisher
Emerald Publishing
Copyright
Copyright © 2008 Emerald Group Publishing Limited. All rights reserved.
ISSN
1754-243X
DOI
10.1108/17542430810890350
Publisher site
See Article on Publisher Site

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.

Journal

International Journal of Law and Management – Emerald Publishing

Published: Jul 11, 2008

Keywords: Directors; Corporate governance; Law reform; Malaysia

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