Proceeding contribution from Lord Deben (Conservative) in the House of Commons on Tuesday, 6 June 2006. It occurred during Debate on bill on Company Law Reform Bill (HL).
Company Law Reform Bill [Lords]
The Secretary of State is of course right to say that directors have a duty primarily to their shareholders. Why, therefore, does he think it necessary to ensure that when they are dealing with financial risks, they give very clear reportage to their shareholders, whereas when they are dealing with equally important non-financial risks—particularly of an environmental and social kind—there is not the same legal requirement? It is that distinction that many of us find difficult to take.
Secondary information
- Type
- Proceeding contribution
- Reference
- 447 c127
- Session
- 2005-06
- Chamber / Committee
- House of Commons chamber
- Subjects
- Disclosure of information Accountability Audit Accountancy Company law Company accounts Companies Directors Conduct Consolidation bills Animal experiments Fraud Finance Liability Environment protection Harassment Ethics Protection Staff Private companies Working conditions Registration Small businesses Regulation Trade Sustainable development Research Shareholders
- Legislation
- Company Law Reform Bill (HL) 2005-06
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2024-01-26 17:28:46 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_328023
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_328023
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_328023