Fiduciary Duties of Shareholders and Directors

Journal of Business Law, p. 277, 2004

26 Pages Posted: 8 Dec 2004

Abstract

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.

Keywords: Fiduciary, director, shareholder, accountability, regulation

Suggested Citation

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

Robert Flannigan (Contact Author)

University of Saskatchewan ( email )

15 Campus Drive
Saskatoon, Saskatchewan S7N 5A6
Canada
306-966-5876 (Phone)
306-966-5900 (Fax)

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
2,900
Abstract Views
8,886
Rank
8,258
PlumX Metrics