Corporate Law Fiduciary Duties of Directors (Review)
Shareholders own a corporation, but directors run it. This separate of ownership and control creates "agency problems." Shareholders want directors to be diligent fiduciaries, but directors may enrich themselves by self dealing or just being lazy. Corporate law handles this through the triumvirate of fiduciary duties of directors: the duty of care, the duty of oversight, and the duty of loyalty. This video summarizes the law for those who are already familiar with the details. For more background, see my other videos in this series.
Пікірлер: 13
Amazing overview! Great work.
Thanks for comprehensive overview.
Very good lectures !
You're an actual angel.
9:30 Agency Law - Owed to Principal
14:30 duty of care
Thank you!
@BizLaw
3 жыл бұрын
пожалуйста
@aidaraishabekov2316
2 жыл бұрын
Good stuff, спасибо!
26:30 Avoiding Director Liability
33:30 Loyalty & Oversight Duties of Dirs
Shareholders do not own the corporation. Shareholders are not principals. Shareholders are shareholders who provide capital and have specific rights. The shareholder does not grant authority to directors as the directors sell shares in an IPO. The shareholders can't "appoint" the directors if they don't exist.
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