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Ask the Tutor ACCA LW

directors

IIrfan6y ago
whatis the difference between a de facto director and a shadow director?
MikeLittleMikeLittleTutor6y ago#1
Not a lot! I suppose a de facto director is one that OPENLY acts as a director even though not properly appointed whereas ... ... a shadow director lurks in the shadows and instructs the directors on how they should operate. Being in the shadows it is hoped that no one will recognise this person OK?
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