Directors’ Duties and Obligations Under Canadian Law and Custom
Case Study Analysis Solutions
This Case is about MANAGING PEOPLE
PUBLICATION DATE: June 26, 2008 PRODUCT #: 908M42-HCB-ENG
Managers of large publicly owned corporations have a crucial part in the market as a whole and the operations and achievement of these businesses. These managers have decision making duties that impact several sections of stakeholders. Managers are bound by the Ontario Securities Act and by the Canada Business Corporations Act (or its provincial counterpart for provincially incorporated businesses). Managers have several obligations and failure to comprehend these obligations and obligations endangers managers to accountability.