What is common for the due managerial care and the british concept of duty of care, skill and diligence?
2014
Abstract
This chapter comprises analysis of the concept of the due managerial care and diligence and consider the requirements that a director must comply with. It means comparative analysis, whereas as the basis is chosen the British concept of fiduciary duties and duty of care, skill and diligence which is compared with the Czech concept of the care of a prudent manager.
The comparative analysis of the Czech and British concept the due managerial care and diligence is focused on the similarities and differences of those two legal systems and aims to provide suggestions based on the British judicature for the Czech legislation.