Glossary entry (derived from question below)
Portuguese term or phrase:
sócio-diretor
English translation:
Director
Added to glossary by
TechLawDC
Jun 1, 2013 03:54
10 yrs ago
31 viewers *
Portuguese term
sócio-diretor
Portuguese to English
Law/Patents
Law (general)
officers of a company
A certain service company which is an S.A. has two senior officers with the title "sócio-diretor".
My first guess was "Managing Partner".
My first guess was "Managing Partner".
Proposed translations
(English)
| 3 | Member Executive Director |
Adrian MM. (X)
|
| 3 +5 | Managing Partner |
XXXphxxx (X)
|
Proposed translations
20 hrs
Selected
Member Executive Director
No.
If SA is a (public) corporation/company, then it does not have partners, even if a (AE) closed corporation or (BE) close family company.
It has share/stockholders and directors who may not be members or may be e.g. by holding qualification shares (stocks guaranteeing due performance and dicharge of office).
A company can be considered a partnership with partners in limited cases only e.g. where effectively and autocratically run as a partnership. See the UK case of Ebrahimi vs. Westbourne Galleries Ltd. (1973).
If SA is a (public) corporation/company, then it does not have partners, even if a (AE) closed corporation or (BE) close family company.
It has share/stockholders and directors who may not be members or may be e.g. by holding qualification shares (stocks guaranteeing due performance and dicharge of office).
A company can be considered a partnership with partners in limited cases only e.g. where effectively and autocratically run as a partnership. See the UK case of Ebrahimi vs. Westbourne Galleries Ltd. (1973).
Example sentence:
Shareholders and directors have two completely different roles in a company. The shareholders (also called members) own the company and the directors manage it. Unless the articles say so (and most do not) a director does not need to be a shareholder.
An inside director who is employed as a manager or executive of the organization is sometimes referred to as an executive director (not to be confused with the title executive director sometimes used for the CEO position).
4 KudoZ points awarded for this answer.
Comment: "I used "Managing Partner", but I am persuaded by your argument to use just "Director"."
+5
5 hrs
Managing Partner
Yes, I agree.
Peer comment(s):
| agree |
Claudio Mazotti
7 mins
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Thanks Claudio.
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| agree |
Paulinho Fonseca
2 hrs
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Thank you Paulinho.
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| agree |
Julia Ziegler
3 hrs
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Thank you Julia.
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| agree |
Giuliano Morais
1 day 2 hrs
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Thank you Giuliano.
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| agree |
PaulaEsp
1 day 8 hrs
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Thanks Paula.
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