Shareholder Fiduciary Accountability

Robert Flannigan

University of Saskatchewan

September 16, 2012

[2014] Journal of Business Law 1

Judges have concluded that shareholders have no status fiduciary duty to their corporations. They have also concluded that majority shareholders have a status duty to minority shareholders. Both conclusions are wrong.

Number of Pages in PDF File: 30

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 company

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Date posted: September 17, 2012 ; Last revised: February 21, 2014

Suggested Citation

Flannigan, Robert, Shareholder Fiduciary Accountability (September 16, 2012). [2014] Journal of Business Law 1. Available at SSRN: https://ssrn.com/abstract=2147519 or http://dx.doi.org/10.2139/ssrn.2147519

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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