Direktorenwirkung
Direktorenwirkung is a term used in corporate and association law to describe the direct legal effect of acts and decisions taken by directors or managing officers. It refers to how the actions of those in executive positions bind the legal entity and, in some cases, affect third parties, without requiring additional formal approval from other organs of the organization.
In practice, Direktorenwirkung rests on the concept of representation and authority. If a director acts within
Limitations arise when a director acts beyond their authorized powers or against the organization’s rules. In
The concept intersects with related doctrines such as Anscheins- bzw. Vertretungsbefugnis, and it is governed by