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Purpose
– The purpose of this paper is to discuss the doctrine of ultra vires and its development over time, which is claimed to be one of gradual erosion.
Design/methodology/approach
– This paper discusses the doctrine of ultra vires and its development overtime, which is claimed to be one of gradual erosion.
Findings
– It shows how the abolition of the objects clause has signalled the end of ultra vires. Today, it remains nothing more than a ghost, but one which continues to haunt management.
Originality/value
– It builds on existing research literature.
© Emerald Group Publishing Limited
2014
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