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Fiduciary Duties of Shareholders and Directors

Robert Flannigan

University of Saskatchewan

Journal of Business Law, p. 277, 2004

Conceptual confusion hobbles the application of fiduciary responsibility in the corporate context. The main difficulty is that judges have wrongly characterized corporate law issues as matters of fiduciary regulation. The author sets out the conventional justification for the status and fact-based fiduciary obligations of shareholders and directors and then explains how the corporate jurisprudence has gone astray.

Number of Pages in PDF File: 26

Keywords: Fiduciary, director, shareholder, accountability, regulation

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Date posted: December 8, 2004  

Suggested Citation

Flannigan, Robert, Fiduciary Duties of Shareholders and Directors. Journal of Business Law, p. 277, 2004. Available at SSRN: http://ssrn.com/abstract=628775

Contact Information

Robert Flannigan (Contact Author)
University of Saskatchewan ( email )
15 Campus Drive
Saskatoon, Saskatchewan S7N 5A6
306-966-5876 (Phone)
306-966-5900 (Fax)
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