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6 - Directors’ Duty to Act in the Best Interests of the Company

Published online by Cambridge University Press:  13 March 2020

Ernest Lim
Ernest Lim
Affiliation:
National University of Singapore
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Summary

This chapter examines how the duty of directors to act in good faith in the best interests of the company could be used to promote sustainability in the four Asian jurisdictions. Forceful critiques have been put forward that shareholder primacy – often defined as the maximisation of share price – is a considerable impediment to promoting sustainability.

Keywords

Directorsʼ dutybest interestsshareholder primacystakeholder valuelong-term value and viabilityshareholder value
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Chapter
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Sustainability and Corporate Mechanisms in Asia , pp. 206 - 234
Publisher: Cambridge University Press
Print publication year: 2020

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