Shareholder Fiduciary Accountability
 Journal of Business Law 1
30 Pages Posted: 17 Sep 2012 Last revised: 21 Feb 2014
Date Written: 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 duty to minority shareholders. Both conclusions are wrong.
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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