Directors' and Officers' Liability in Canada
Author : Simon Bieber
Publisher :
Page : pages
File Size : 10,6 MB
Release : 2015-11
Category : Directors of corporations
ISBN : 9780433478362
Author : Simon Bieber
Publisher :
Page : pages
File Size : 10,6 MB
Release : 2015-11
Category : Directors of corporations
ISBN : 9780433478362
Author : Barry J. Reiter
Publisher : CCH Canadian Limited
Page : 604 pages
File Size : 20,9 MB
Release : 2006
Category : Business & Economics
ISBN : 9781553676935
Author :
Publisher :
Page : 136 pages
File Size : 29,52 MB
Release : 2003
Category : Executives' liability insurance
ISBN :
Author : Hansell, Carol
Publisher :
Page : 116 pages
File Size : 44,74 MB
Release : 2005
Category :
ISBN : 9780887594083
Author : Simon Deakin
Publisher : Walter de Gruyter GmbH & Co KG
Page : 1020 pages
File Size : 46,93 MB
Release : 2018-02-19
Category : Law
ISBN : 3110491494
In recent years several cases concerning the liability of directors and officers have courted controversy. Arguments raised in such discussions oscillate between two extremes: on the one hand, the need for governing bodies to give a space to entrepreneurial discretion and on the other hand to ensure the protection of investors in and creditors of a company from the consequences of disadvantageous decisions by those bodies. In light of the geographical dispersal of the above stakeholders, the study offers a comparative insight into the liability of directors and officers in 10 key European jurisdictions (in particular, Austria, Czech Republic, Germany, Italy, the Netherlands, Norway, Poland, Spain and Switzerland) and 4 non-European jurisdictions (namely Brazil, Israel, Turkey and the United States). Amongst other things it investigates existing company law principles on the topic and examines their interaction with tort law and other fields with a view to suggesting principles for better stakeholder protection. National reports are complemented by an economic analysis and insurance, conflict of laws and comparative reports. The study also benefits from case study analyses.
Author : Hansell, Carol
Publisher :
Page : pages
File Size : 36,86 MB
Release : 2002
Category : Corporate governance
ISBN : 9780887590030
Author : Margot Priest
Publisher : North York, Ont. : CCH Canadian
Page : 236 pages
File Size : 44,16 MB
Release : 1995
Category : Business & Economics
ISBN : 9781551419770
Author : Canadian Institute (1985- )
Publisher :
Page : pages
File Size : 33,7 MB
Release : 2003
Category :
ISBN : 9781553981251
Author : Lazar Sarna
Publisher : Markham, Ont. : LexisNexis Canada
Page : pages
File Size : 21,2 MB
Release : 2005
Category : Directors of corporations
ISBN : 9780433450818
Author : Tao Zeng
Publisher :
Page : 25 pages
File Size : 14,11 MB
Release : 2014
Category :
ISBN :
This paper examines the relationship between directors' and officers' liability insurance (D&O insurance) and tax aggressiveness. Using large Canadian public companies listed on TSX300 and relying on several proxies for tax aggressiveness including GAAP and cash effective tax rates and the book-tax difference, I find that D&O insurance exhibits a strong negative relationship with the GAAP effective tax rates and a relatively moderate positive relationship with the book-tax difference, but there is no evidence that the D&O insurance is associated with the cash effective tax rates. I interpret these results as indicating that D&O insurance reduces the tax expenses reported in the financial statements but not the actual tax paid. In other words, the D&O liability insurance contributes to financial tax management but not to cash tax savings.