Directors’ Duties – Part 1 (Diligence, Good Faith and Use of Position) (AU)
As a director, you have a duty to act in good faith in the best interests of the company. This Directors’ Duties course aims to educate directors on their responsibilities and the consequences when they breach a duty. It explains due care and diligence, acting in good faith, use of position, and disclosing personal interests, which are all duties that directors must comply with.
This course is the first in a microlearning series that contain informative videos from real directors, as well as case studies that are based on factual breaches.
- Exercising due care and diligence
- Acting in good faith and the interest of the company
- Improper use of position or information
- Managing material personal interest