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Title: The Hong Kong company director's duty of skill and care : a standard for the 21st century?
Authors: Spink, P
Chan, S
Issue Date: 2003
Publisher: Sweet and Maxwell Asia
Source: Hong Kong law journal, 2003, v. 33, p. 140-165 How to cite?
Journal: Hong Kong law journal 
Abstract: This article reviews the Hong Kong law on company directors’ duties of skill and care in the context of existing regulatory frameworks and developing case law in other common law jurisdictions, including in particular that of the United Kingdom. The discussion focuses on a recent review undertaken by the Hong Kong Standing Committee on Company Law Reform and criticises its decision to recommend acquiescence in the face of an option to codify the law in this field. The primary conclusion drawn is that Hong Kong will find itself out of step with the current international trend to reform and tighten the law on directors’ duties, to the detriment of its reputation as an international centre of finance and commerce, unless steps are taken promptly to introduce a statutory benchmark.
ISSN: 0378-0600
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