Year 2016, Volume 2, Issue 1, Pages 0 - 0 2016-05-30

A FUNDAMENTAL CHANGE OF PERSPECTIVE IN THE LIABILITY OF THE BOARD OF MANAGERS IN THE NEW TURKISH CORPORATE LAW: TRANSFORMATION FROM PRUDENT MAN RULE TO BUSINESS JUDGMENT RULE

Hüsnü Turanlı [1]

798 547

As is known the new Turkish Commercial Code (TCC) brought up many innovations regarding the corporate law. The liability of the executive board members is based on a differentiated solidarity instead of absolute solidarity and the duty of care is based on business judgment rule instead of prudent man rule. Despite the fact that this new concept is not prescribed in the article 369/1 of the Turkish Commercial Code, we can see it in the rationale of the provision itself. In this study the prudent man and the business judgment rules are reviewed as well as the reasons behind this transformation.

Keywords: Prudent man rule, business judgment rule, liability of the board of managers

Journal Section Makaleler
Authors

Author: Hüsnü Turanlı

Bibtex @ { tfm287629, journal = {Ticaret ve Fikri Mülkiyet Hukuku Dergisi}, issn = {2149-4576}, address = {Ankara Yildirim Beyazit University}, year = {2016}, volume = {2}, pages = {0 - 0}, doi = {}, title = {A FUNDAMENTAL CHANGE OF PERSPECTIVE IN THE LIABILITY OF THE BOARD OF MANAGERS IN THE NEW TURKISH CORPORATE LAW: TRANSFORMATION FROM PRUDENT MAN RULE TO BUSINESS JUDGMENT RULE}, key = {cite}, author = {Turanlı, Hüsnü} }
APA Turanlı, H . (2016). A FUNDAMENTAL CHANGE OF PERSPECTIVE IN THE LIABILITY OF THE BOARD OF MANAGERS IN THE NEW TURKISH CORPORATE LAW: TRANSFORMATION FROM PRUDENT MAN RULE TO BUSINESS JUDGMENT RULE. Ticaret ve Fikri Mülkiyet Hukuku Dergisi, 2 (1), 0-0. Retrieved from http://dergipark.org.tr/tfm/issue/27322/287629
MLA Turanlı, H . "A FUNDAMENTAL CHANGE OF PERSPECTIVE IN THE LIABILITY OF THE BOARD OF MANAGERS IN THE NEW TURKISH CORPORATE LAW: TRANSFORMATION FROM PRUDENT MAN RULE TO BUSINESS JUDGMENT RULE". Ticaret ve Fikri Mülkiyet Hukuku Dergisi 2 (2016): 0-0 <http://dergipark.org.tr/tfm/issue/27322/287629>
Chicago Turanlı, H . "A FUNDAMENTAL CHANGE OF PERSPECTIVE IN THE LIABILITY OF THE BOARD OF MANAGERS IN THE NEW TURKISH CORPORATE LAW: TRANSFORMATION FROM PRUDENT MAN RULE TO BUSINESS JUDGMENT RULE". Ticaret ve Fikri Mülkiyet Hukuku Dergisi 2 (2016): 0-0
RIS TY - JOUR T1 - A FUNDAMENTAL CHANGE OF PERSPECTIVE IN THE LIABILITY OF THE BOARD OF MANAGERS IN THE NEW TURKISH CORPORATE LAW: TRANSFORMATION FROM PRUDENT MAN RULE TO BUSINESS JUDGMENT RULE AU - Hüsnü Turanlı Y1 - 2016 PY - 2016 N1 - DO - T2 - Ticaret ve Fikri Mülkiyet Hukuku Dergisi JF - Journal JO - JOR SP - 0 EP - 0 VL - 2 IS - 1 SN - 2149-4576- M3 - UR - Y2 - 2019 ER -
EndNote %0 Ticaret ve Fikri Mülkiyet Hukuku Dergisi A FUNDAMENTAL CHANGE OF PERSPECTIVE IN THE LIABILITY OF THE BOARD OF MANAGERS IN THE NEW TURKISH CORPORATE LAW: TRANSFORMATION FROM PRUDENT MAN RULE TO BUSINESS JUDGMENT RULE %A Hüsnü Turanlı %T A FUNDAMENTAL CHANGE OF PERSPECTIVE IN THE LIABILITY OF THE BOARD OF MANAGERS IN THE NEW TURKISH CORPORATE LAW: TRANSFORMATION FROM PRUDENT MAN RULE TO BUSINESS JUDGMENT RULE %D 2016 %J Ticaret ve Fikri Mülkiyet Hukuku Dergisi %P 2149-4576- %V 2 %N 1 %R %U
ISNAD Turanlı, Hüsnü . "A FUNDAMENTAL CHANGE OF PERSPECTIVE IN THE LIABILITY OF THE BOARD OF MANAGERS IN THE NEW TURKISH CORPORATE LAW: TRANSFORMATION FROM PRUDENT MAN RULE TO BUSINESS JUDGMENT RULE". Ticaret ve Fikri Mülkiyet Hukuku Dergisi 2 / 1 (May 2016): 0-0.