In order to protect shareholders' interests and accelerate their zeal to invest, it's a critical aspect to intensify duty and liability of directors of joint-stock limited companies.

强化股份有限责任公司(简称股份公司)董事义务和责任是维护股东权益，增强投资者积极性的关键环节。

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Corporate directors and executives can be sued and even face criminal liability if the company fails to properly disclose business risks — including, many now worry, the cost of emissions.

如果企业不能完全公布所面临的商业风险——许多人担心这中间包括污染物排放——企业董事和执行官们有可能面临起诉甚至刑事责任。

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Absent a board of directors, the executive director of a limited liability company shall be the legal representative thereof.

有限责任公司不设董事会的，执行董事为公司的法定代表人。

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The new law and the threat of litigation it brings probably have something to do with the out-of-control cost of directors' and officers' liability insurance.

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Torn between loyalty to Greenberg, who had handpicked his directors, and fear of personal liability in a shareholder or criminal suit, board members discussed bringing in a new chief executive to take the heat off the company.

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Each operating company that was a corporation had a board of directors and each company that was a limited liability company had a board of managers.

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