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VOL. 3, ISSUE 3 (2017)
Directors’ fiduciary duties: Rwandan companies act choice and the possibility of progress
Authors
Justin Cyubahiro
Abstract
Application of the concept of directors’ fiduciary duties is provided for in the Rwandan Companies Act as part of the matter that directors occupy a central position in systems of corporate governance. Directors exercise their duties to persuasive questions surrounding the expectations defined by the law and jurisprudence. This article explores the relevance of development of directors’ duties in advanced market economies to the current Rwandan Companies Act, along with the circumstances under which a director will be personally liable for the breach of the duty owed to a corporation. I assume that courts in Rwanda will develop the concept of directors’ duties in such way that it would acquire an additional dimension in the context of substance, especially when it comes to setting a relationship between the constituencies and a corporation as well as to improving the standard of corporate governance, grounds and feedback dynamics of complex business environments.
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Pages:06-14
How to cite this article:
Justin Cyubahiro "Directors’ fiduciary duties: Rwandan companies act choice and the possibility of progress". International Journal of Law, Vol 3, Issue 3, 2017, Pages 06-14
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