On exemption system of director liability

  title={On exemption system of director liability},
  author={Zhang Hao},
The intensification of directors' liability can help improvement of corporate governance structure but may affect management efficiency of the corporate.Establishment of exemption mechanism of directors' liability can ensure the total balance of all parties of director liability system.The corporate should provide liability exemption mechanism for the directors to make judgment and decision for corporate management in order to make corporate business more vigor.Director liability exemption… CONTINUE READING