“Codification of directors’ duties (merging common law and statute law into one piece of comprehensive codified law) reflects best practice, it will guide all directors towards higher standards. Codification should also make the law more accessible to directors and their advisers.”
Mary Arden, Companies Act 2006 (UK): A New Approach to Directors’ Duties, 81 AUSTL. L. J. 162,163-64 (2007).