Directors are responsible for the management of a company's business activities.
Some of a director's duties include:
- Exercising one's powers and duties to act in the best interests and ensure the financial wellbeing of the company
- Not improperly using one's position or information obtained to gain a personal advantage or cause detriment to the company
- Not allowing the company to continue to trade while insolvent
- Keeping adequate financial records explaining the company's transactions and financial position/performance