Shareholder Fiduciary Accountability: No Duty to the Minority
University of Saskatchewan
September 16, 2012
Judges have concluded that shareholders have no status fiduciary duty to their corporations. They have also concluded that majority shareholders have a status fiduciary duty to minority shareholders. Both conclusions are wrong.
Number of Pages in PDF File: 23
Keywords: shareholder, fiduciary duty, opportunism, limited access, duty of loyalty, voting, will definition, authority, division of power, majority rule, fraud on the minority, joint stock companyworking papers series
Date posted: September 17, 2012 ; Last revised: October 22, 2012
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