Sentence examples for directors to act from inspiring English sources

Boards typically appoint presiding or lead directors to act as a counterbalance when the chairman also serves as chief executive.

The extent of the ineptitude and lack of will of directors to act in a fiduciary manner for their shareholders has been grossly exposed.

The idea is that the financial crisis was particularly salient — and if anything would ever push directors to act, it was likely the financial crisis.

The Act sets out the requirements for directors to act in a way that they believe, in good faith, is most likely to promote the company's success.

More than 90% of S&P 500 companies have appointed "lead" or "presiding" directors to act as a counterweight to a combined chairman and chief executive.It is possible to pick holes in all these arguments.

At the heart of the Financial Services Authority's Combined Code is the assumption that the central issue of corporate governance is the 'agency problem' - how to get managers and directors to act like owners.

Calstrs asserts that a majority of Wal-Mart's 15-member board are not "disinterested and independent," the legal standard for a director to act on a demand.

Johnston also cited his "fiduciary duty as a director to act in the long-term interests of Kilmarnock".

And Lord Myners said: "When directors fail to act in the interests of shareholders, they should be held to account.

However, in America most legal jurisdictions have some version of the "business judgment rule" which gives directors discretion to act in the long-term interests of the company even if this means sacrificing short-term gains.

A new era might yet be established this summer, but the current directors have to act as though they remain in sole charge of the club's fortunes.