Directors' duties and RORWA: Difference between pages

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''Company law.''
''Banking''.


Directors' duties are the legal responsibilities of directors to promote the success of their companies.
Return On Risk Weighted Assets.


Directors' duties apply to de facto directors and shadow directors, as well as to formally appointed directors.


 
== See also ==
The duties are owed to the company.
* [[Capital adequacy]]
 
* [[Return on capital employed]] (ROCE)
They generally include:
* [[Return on equity]] (ROE)
 
* [[Risk Weighted Assets]] (RWAs)
*Acting within the powers of the company's constitution, and exercising those powers for the purposes for which they are given.
*Acting in good faith to promote the success of the company for the benefit of its members as a whole.
*Exercising independent judgement.
*Exercising reasonable skill, care and diligence.
*Avoiding conflicts of interest.
*Not accepting benefits from third parties.
*Declaring any interest in any proposed transaction or arrangement with the company.
 
 
In addition, company directors must also have regard to a number of other relevant factors and stakeholders when exercising their duties.
 
Under the UK's Companies Act 2006, these other factors are identified in Section 172.
 
 
==See also==
* [[Agent]]
* [[Company]]
* [[Company law]]
* [[Conflict of interest]]
* [[Constitution]]
* [[De facto director]]
* [[Director]]
* [[Duty]]
* [[Duty of care]]
* [[Employee]]
* [[Fiduciary duty]]
* [[Good faith]]
* [[Independence]]
* [[Judgement]]
* [[Member]]
* [[Section 172]]
* [[Segregation of duties]]
* [[Shadow director]]
* [[Shareholders]]
* [[Stakeholder]]
* [[Statutory duty]]
* [[Stewardship]]
* [[Third party]]
* [[Transaction]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Corporate_finance]]
[[Category:Identify_and_assess_risks]]
[[Category:Investment]]
[[Category:Manage_risks]]
[[Category:Long_term_funding]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Revision as of 16:21, 25 June 2022

Banking.

Return On Risk Weighted Assets.


See also