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II. The Structure of Management Organs
(13,913 words)

Volume XIII: Business and Private Organizations | Chapter 4 (1973): Management and Control of Marketable Share Companies

A. Number and Qualification of Directors

i. Number of Directors

14. General outlook. – The different jurisdictions vary widely as to the number of directors. Plurality is often required where there is a single board, but an important exception to this rule now exists in the united states. In the two-tier system plurality is always demanded for…

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Bernhard Grossfeld, “II. The Structure of Management Organs”, in: International Encyclopedia of Comparative Law Online, Edited by: U. Drobnig, R. David, H. H. Egawa, R. Graveson, V. Knapp, A. T. Von Mehren, Y. Noda, S. Rozmaryn, V. M. Tschchikvadze, H. Valladão, H. Yntema, K. Zweigert. Consulted online on 26 March 2023 <>
First published online: 2018

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