Contents -- Acknowledgements -- Important Resource in a Changing World -- Manual for the Modern Director -- Preface -- 1 Introduction -- 1. Basic principles of company law -- 2. Different types of company -- 3. Company constitution -- 4. Company personnel -- 5. Company meetings -- 6. Shares and share issues -- 2 Duties -- 1. The nature of the fiduciary relationship -- 2. The extent of a director's power and authority -- 3. The code of directors' duties -- 4. Duties relating to conflicts of interest -- 5. Remedies where there is a breach -- 6. Directors and 'substantial' transactions -- 7. Loans to directors -- 8. Contracts with listed companies -- 9. Disclosure in the accounts of interests in contracts -- 10. Other statutory duties -- 11. Liability for directors' reports, etc -- 12. Competition law -- 13. Indemnity and insurance protection -- 3 The Company Secretary -- 1. The role -- 2. Duties -- 3. Governance -- 4. Liabilities -- 4 Corporate Governance -- 1. The development of the UK Corporate Governance Code -- 2. The reach of the Code -- 3. The Code and the annual report -- 4. The comply or explain rule -- 5. The role of the board -- 6. The chairman -- 7. The role of the non-executive director -- 8. Independent non-executive directors -- 9. Composition and structure of the board -- 10. The senior independent director -- 11. Appointment of directors -- 12. Induction and training for directors -- 13. Evaluation -- 14. Re-election -- 15. Board committees -- 16. Audit -- 17. Internal control -- 18. Relations with shareholders -- 19. Corporate social responsibility -- 5 The FSA and Securities Regulation -- 1. Disclosure of price-sensitive information -- 2. Disclosures in relation to shares -- 3. Restrictions on dealings in shares -- 4. Insider dealing -- 5. The Model Code -- 6. Market abuse -- 7. Market manipulation -- 8. Misleading statements.

9. FSA enforcement procedures -- 6 Service Contracts -- 1. The general legal and regulatory framework -- 2. General principles of negotiation -- source of instructions -- 3. Length of fixed terms and notice periods -- 4. Payment in lieu clauses -- 5. The remuneration package -- 6. Restrictive covenants -- 7. Change of control/'golden parachute' clauses -- 8. Severance -- 9. Potential legal claims -- 7 Remuneration Issues -- 1. The post credit-crunch outlook -- 2. Reference points -- 3. Remuneration and unquoted companies -- 4. Deciding remuneration packages -- 5. Institutional investors -- 6. Design of remuneration packages -- 7. Design of share incentive plans -- 8 Pensions -- 1. Main types of pension scheme -- 2. Unfunded schemes -- 3. Tax breaks -- 4. Rules and restrictions -- 5. Other forms of pension -- 6. Employer's duty to provide a pension: the National Employment Savings Trust (NEST) -- 7. Pension rights on dismissal -- 8. The nature of trusteeship -- 9. Personal liability -- 10. Corporate trustees -- 11. Conflicts of interest -- 12. Confidentiality of information -- 13. Giving advice to employees -- 14. The regulator's powers -- 15. The position of individual directors -- 16. Reducing the risk of liability -- 9 Health and Safety and Corporate Manslaughter -- 1. A company's duties -- 2. A director's personal liability -- 3. Penalties -- 4. Corporate manslaughter -- 5. Guidance for directors -- 6. Sentencing guidelines: level of fines -- 10 Financial Difficulty and Insolvency -- 1. Legal duties -- 2. Actions that minimise the risks of liability -- 3. Personal liabilities -- 4. Other considerations -- 5. Insolvency procedures -- Index.