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Directors appointed to the board form the central authority in UK companies. In carrying out their functions, directors (whether formally appointed, de facto, or "shadow directors" [1]) owe a series of duties to the company. [2]
The director's department and role underwent modernisation from 1944 to 1964 under Sir Theobald Mathew QC, and further expansion with the introduction of the CPS in 1985, which came under the authority of the director. Today, the incumbent bears personal responsibility for 7,000 CPS staff and the approximately 800,000 prosecutions undertaken by ...
Directors' duties are a series of statutory, common law and equitable obligations owed primarily by members of the board of directors to the corporation that employs them. It is a central part of corporate law and corporate governance. Directors' duties are analogous to duties owed by trustees to beneficiaries, and by agents to principals.
Directors must carry out their responsibilities with competence, in good faith and undivided loyalty to the enterprise. If the mechanisms of voting do not prove enough, particularly for minority shareholders, directors' duties and other member rights may be vindicated in court.
A "director" is deemed to include a "shadow director", which is defined as a person in accordance with whose directions or instructions the directors of the company are accustomed to act (but so that a person is not deemed a shadow director by reason only that the directors act on advice given by him in a professional capacity).(s. 9(2) and s ...
The Cabinet Office is a ministerial department of the Government of the United Kingdom.It is responsible for supporting the prime minister and Cabinet. [3] It is composed of various units that support Cabinet committees and coordinate the delivery of government objectives via other departments.
Homeland Security Group (previously named Office for Security and Counter Terrorism) is an executive directorate of the UK government Home Office, created in 2007, [1] responsible for leading the work on counter-terrorism in the UK, working closely with the police and security services.
A board of directors is an executive committee that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws ...