The COVID-19 pandemic has affected, and continues to affect, Canadian businesses in a significant manner. As this situation continues to evolve, directors should remain cognizant of their duties and responsibilities as corporations face a range of challenges, including liquidity issues.
Do you know about the types of risk that corporate directors are increasingly facing? I've been talking quite a bit about various types of risk, and Earl Altman recently asked on First Reference Talks, When are directors liable to employees for debts of the corporation? A new guide looks at the main sources of risk that directors face and a number of strategies to reduce the risk.
Established in 1995, First Reference is the leading publisher of up to date, practical and authoritative HR compliance and policy databases that are essential to ensure organizations meet their due diligence and duty of care requirements.