Business is about taking risks for rewards. Increasingly, companies are facing technological, reputational, regulatory and environmental challenges which directors are required to factor into their decisions. At times, even the best laid plans would fail. There is a new level of anxiety over legal liability in corporate boardrooms leading to increasing concern amongst directors.

Should directors of companies expect to be protected over a business judgement that has gone wrong if they had applied their judgement responsibly and honestly in the best interest of the company? More importantly, how will they avail themselves of such protection?

This session on the Business Judgment Rule discusses the protection conferred to directors who take reasonable amounts of risk consistent with the standard of care expected of them. With this in mind, directors should willingly assume more calculated risks which will in turn lead to greater innovation, dynamism and constant change amongst businesses that are vital ingredients for economies to prosper.

Registration fee is RM180 for non-members and complimentary for ICDM members.

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