Directors' duties and K-shaped recovery: Difference between pages

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imported>Doug Williamson
(Create page. Source: The Treasurer, December 2020, p30.)
 
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''Company law.''
''Economics - recession and recovery.''


Directors' duties are the legal responsibilities of directors to promote the success of their companies.
A "K" shaped recovery is characterised by a divergence in the recovery - or continued decline - of different sectors of the economy.


Directors' duties apply to de facto directors and shadow directors, as well as to formally appointed directors.
A chart of the key economic measures would resemble a letter "K".




==See also==
:<span style="color:#4B0082">'''''Recovery forecasts diverge'''''</span>
* [[Agent]]
 
* [[Company]]
:"The impact of COVID-19 is likely to preoccupy businesses into 2021. 
* [[Company law]]
:As of early October [2020], financial markets appear to be pricing in a recovery.
* [[De facto director]]
 
* [[Director]]
 
* [[Duty]]
:However, contingent on developing and rolling out an effective vaccination programme, economists disagree as to whether the recovery will be shaped as a ‘V’ (fast), ‘L’ (slow), ‘W’ (a second or even third wave of the virus) or – perhaps more insightfully – a ‘K’ (growth for some sectors, decline for others)."
* [[Duty of care]]
 
* [[Employee]]
 
* [[Fiduciary duty]]
:''The Treasurer magazine, December 2020, p30 - ACT Technical briefing.''
* [[Section 172]]
 
* [[Segregation of duties]]
 
* [[Shadow director]]
 
* [[Shareholders]]
== See also ==
* [[Stewardship]]
* [[COVID-19]]
* [[Statutory duty]]
* [[Deflation]]
* [[Depression]]
* [[Double dip]]
* [[Great Depression]]
* [[Great Recession]]
* [[Gross domestic product]]
* [[Inflation]]
* [[L-shaped recovery]]
* [[Recession]]
* [[Recovery]]
* [[Reflation]]
* [[Softness]]
* [[Trumponomics]]
* [[U-shaped recovery]]
* [[V-shaped recovery]]
* [[W-shaped recovery]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Identify_and_assess_risks]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Financial_products_and_markets]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Revision as of 18:40, 18 November 2020

Economics - recession and recovery.

A "K" shaped recovery is characterised by a divergence in the recovery - or continued decline - of different sectors of the economy.

A chart of the key economic measures would resemble a letter "K".


Recovery forecasts diverge
"The impact of COVID-19 is likely to preoccupy businesses into 2021.
As of early October [2020], financial markets appear to be pricing in a recovery.


However, contingent on developing and rolling out an effective vaccination programme, economists disagree as to whether the recovery will be shaped as a ‘V’ (fast), ‘L’ (slow), ‘W’ (a second or even third wave of the virus) or – perhaps more insightfully – a ‘K’ (growth for some sectors, decline for others)."


The Treasurer magazine, December 2020, p30 - ACT Technical briefing.


See also