LIABILITY OF MEMBERS OF THE BOARD OF DIRECTORS Cover Image

ANONİM ŞİRKETLERDE YÖNETİM KURULU ÜYELERİNİN HUKUKİ SORUMLULUĞU
LIABILITY OF MEMBERS OF THE BOARD OF DIRECTORS

Author(s): Şeyda Şanli
Subject(s): Economy, Business Economy / Management, Law on Economics
Published by: Bingöl Üniversitesi Sosyal Bilimler Enstitüsü
Keywords: Board of Directors; Responsibility; Prudent Manager; Differentiated Solidarity; Duty of Care;

Summary/Abstract: The Board of Directors is both the mandatory and permanent body of the joint stock company, which is regulated in the number 6102 Turkish Commercial Code and which is one of the capital companies. Board of Directors, while the joint stock company performs its duty as it has both a management and representation body, both legal and criminal responsibilities may arise for what it does. The care that the members of the board of directors show while performing their duties is limited to the criterion of cautious manager. The obligation of board members to act as prudent businessmen was thus abandoned during the abolished Commercial Code period. Thus, the act of acting like prudent businessman in the old regulations was thus abandoned. At the same time, absolute tesulism, which is valid for members with radical changes, has been abandoned and the principle of differentiated tesulism has been adopted instead. At the same time, absolute tesulism, which is valid for members with radical changes, has been abandoned and the principle of differentiated tesulism has been adopted instead. In our study, the legal responsibilities and criteria of the members of the board of directors, the duty of care and the principle of differentiated success will be mentioned.

  • Issue Year: 12/2022
  • Issue No: 24
  • Page Range: 209-219
  • Page Count: 11
  • Language: Turkish
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