Analysis of Company Statutory Bodies Members´ Liability and Advantages of Directors and Officers Liability Insurance

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F17%3A10237158" target="_blank" >RIV/61989100:27510/17:10237158 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Analysis of Company Statutory Bodies Members´ Liability and Advantages of Directors and Officers Liability Insurance
Original language description
The members of statutory bodies of corporations are responsible for the damage caused by them personally and unlimitedly within the period of their function. Legal claims for compensation can be submitted by the company, shareholders, creditors, bankruptcy administrator or employees. The negative consequences of decision made by statutory body can occur even after longer period of time and can influence other subjects (e.g. husband, wife, heirs). Directors and officers liability insurance covers damages caused by statutory bodies’ members individually in case the compensation for damage is applied. The aim of the article is to evaluate the significance of insurance protection of the statutory bodies’ members as well as of the company itself.
Czech name
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Czech description
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Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
4th International Multidisciplinary Scientific Conference on Social Sciences and Arts: SGEM 2017 : modern science : conference proceedings : 24-30 August, 2017, Albena Co., Bulgaria
ISBN
978-619-7408-14-0
ISSN
2367-5659
e-ISSN
neuvedeno
Number of pages
8
Pages from-to
333-340
Publisher name
STEF92 Technology Ltd.
Place of publication
Sofia
Event location
Albena
Event date
Aug 24, 2017
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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