The Duty of Care in Czech Company Law

Author:

Eichlerová Kateřina

Abstract

The duty of care is a core instrument to incentivise directors to act diligently and in the best interest of the company. The article seeks to answer the following questions concerning the duty of care in company law; 1) who is obliged to exercise it, 2) to whom, 3) what is the content of the duty of care, 4) what place does it occupy among other standards of care, 5) what is its nature, and 6) how does the duty of care differ between a director of a company and director of other legal persons of private law.

Publisher

Charles University in Prague, Karolinum Press

Subject

Law

Reference25 articles.

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2. ČECH, P. - ŠUK, P. Právo obchodních společností: v praxi a pro praxi (nejen soudní) [Law of Business Corporations: in practice and for practice (not judicial only)]. Praha: BOVA POLYGON, 2016.

3. ČERNÁ, S. - ŠTENGLOVÁ, I. - PELIKÁNOVÁ, I. et al. Právo obchodních korporací [Law of Business Corporations]. 2nd ed. Praha: Wolters Kluwer ČR, 2021.

4. DVOŘÁK, T. Commentary to § 159 CC. In: ŠVESTKA, J. - DVOŘÁK, J. - FIALA, J. et al. Občanský zákoník: komentář. Svazek I (§ 1 až 654) [Civil Code: Commentary. Volume I (§ 1 to 654)]. 2nd ed. Praha: Wolters Kluwer ČR, 2020.

5. EICHLEROVÁ, K. Zastoupení podnikatele [Representation of Entrepreneur]. Praha: Wolters Kluwer ČR, 2022.

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