Aspects of Comparative Law with Regard to the Business Decision Rule. Particularities of the Liability of the Administrator of the Company Relating to the Liability for the Insolvency of the Company
Year: 2024
Type: article
Abstract: This study analyses the rule of business decision in the laws of several states and focuses on similarities, but also differences between regulations. At the same time, it is a rich source of analysis on the way in which insolvency germs and regulations on the liability of company managers are reflected in the legislation of several states. The elements presented broadly argue essential aspects of the national legislation, but also the legislative regulations of other states, but the peculiarities and similarities mentioned focus on the specificity of our legislation. The terms of comparison reveal important and clear aspects regarding the liability of the natural person with management/management position in a company making an incursion into the Anglo-Saxon legislation and practice of origin, but also in laws and jurisdictions.
Author: Petre Andrei Țâru
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W4406855869