Does the criminalization of independent director's breaches of fiduciary duties increase shareholder value? Evidence from Singapore

• Main Author: Liu, Na
• Other Authors: Qu Tianshu
• Format: Theses and Dissertations
• Language: English
• Published: 2017
• Subjects: DRNTU::Business::Accounting::Corporate governance
• Online Access: http://hdl.handle.net/10356/70391
• Institution: Nanyang Technological University

Whether a breach of directors’ fiduciary duties should be treated as civil or criminal in nature is a controversial issue. In a recent court case, for the first time in Singapore, independent directors were arrested and criminally sanctioned for breaches of their fiduciary duties to exercise reasona...