A relação de administração

: a destituição ad nutum e as cláusulas golden parachute em especial

Abstract

Under Portuguese company law, directors may be dismissed at any time, with or without just cause, by the general meeting of shareholders. Dismissal without just cause or ad nutum as a form of termination of the directorship, which tends to be protracted, although lawful, entitles the dismissed director to be compensated by the company, either under the general terms of the law or in accordance with the terms agreed between the two. The agreement between the company and the director, known as the "golden parachute", often raises questions about the validity of the negotiated level of compensation, which have not been settled, partly due to the lack of case law. With the present work, we endeavour to mitigate the degree of dissidence.

Date of Award	10 Jan 2025
Original language	Portuguese
Awarding Institution	Universidade Católica Portuguesa
Supervisor	Maria de Fátima Ribeiro (Supervisor)