"if fiduciary responsibilities are not met the directors go to jail."
Not necessarily. Civil action is one remedy, jail is for the extreme cases! ASIC have other penalties which don't include jail.
Shareholders, when you really think about it, are low on the list when it comes to influencing the running of a company.
"if fiduciary responsibilities are not met the directors go to...
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)