Abstract

http://ssrn.com/abstract=270749
 
 

Citations (12)



 
 

Footnotes (28)



 


 



The Core Fiduciary Duties of Outside Directors


Bernard S. Black


Northwestern University - School of Law; Northwestern University - Kellogg School of Management; European Corporate Governance Institute (ECGI)


As published in Asia Business Law Review, pp. 3-16, July 2001

Abstract:     
This article offers my personal, idiosyncratic overview of the principal fiduciary duties of outside directors, from a common law perspective, and what the remedies should be for breach of each of these duties. I discuss the four core fiduciary duties of directors: the duty of loyalty; the duty of care; the duty of disclosure; and the duty of special care when your company is a takeover target.

Number of Pages in PDF File: 36

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Date posted: June 13, 2001  

Suggested Citation

Black, Bernard S., The Core Fiduciary Duties of Outside Directors. As published in Asia Business Law Review, pp. 3-16, July 2001. Available at SSRN: http://ssrn.com/abstract=270749 or http://dx.doi.org/10.2139/ssrn.270749

Contact Information

Bernard S. Black (Contact Author)
Northwestern University - School of Law ( email )
375 E. Chicago Ave
Unit 1505
Chicago, IL 60611
United States
512-503-2784 (Phone)

Northwestern University - Kellogg School of Management
2001 Sheridan Road
Evanston, IL 60208
United States
847-491-5049 (Phone)
European Corporate Governance Institute (ECGI)
Brussels
Belgium
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Citations:  12
Footnotes:  28

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