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CA 1993 doesn't differentiate between executive and non-executive directors. In NZ, the duty of competence applies to both executive and non-executive directors, unlike in Zubrowka
CA 1993 doesn't differentiate between executive and non-executive directors. In NZ, the duty of competence applies to both executive and non-executive directors, unlike in Zubrowka where only executive directors are held to this standard. CA 1993 stipulates that all directors regardless of their role are subject to the same duties, including the duty of competence. This duty requires all directors, even non-executive ones who may not be involved in daily operations, to exercise care, skill, and diligence in their roles. This includes participating in board meetings and monitoring company performance. shorten
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