Approaches to enforce fiduciary duties of corporate officers: Civil remedies or criminal penalties? - from the perspective of comparative law

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• Alex Yu Wang
• Tuesday 13 May 2008, 13:15-14:00
• Entertaining Room, Darwin College.

If you have a question about this talk, please contact T.S. Thompson.

Corporate officers’ breach of fiduciary duties such as insider trading, fraudulent accounting and breach of trust are treated differently in various jurisdictions. In the USA , in response to the scandals such as Enron, the Sarbanes-Oxley Act has marked the increased use of criminal penalties to enforce fiduciary duties, which is a shift away from the traditional use of civil remedies in corporate law. However, in other countries, there is a call to resort less to criminal penalties and to extend the application of civil remedies. There is no universally right approach; each jurisdiction should take its own situation into consideration.

This talk is part of the Darwin College Humanities and Social Sciences Seminars series.

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