Corporate Law Fiduciary Duties of Directors (Review)

Shareholders own a corporation, but directors run it. This separate of ownership and control creates "agency problems." Shareholders want directors to be diligent fiduciaries, but directors may enrich themselves by self dealing or just being lazy. Corporate law handles this through the triumvirate of fiduciary duties of directors: the duty of care, the duty of oversight, and the duty of loyalty. This video summarizes the law for those who are already familiar with the details. For more background, see my other videos in this series.

[@adammarez9589]

Amazing overview! Great work.

[@JCResDoc94]

9:30 Agency Law - Owed to Principal

[@JCResDoc94]

14:30 duty of care

[@anthonythunderbolt7565]

Very good lectures !

[@alnconsulting6225]

Thanks for comprehensive overview.

[@buddylovely]

Shareholders do not own the corporation. Shareholders are not principals. Shareholders are shareholders who provide capital and have specific rights. The shareholder does not grant authority to directors as the directors sell shares in an IPO. The shareholders can't "appoint" the directors if they don't exist.

[@JCResDoc94]

26:30 Avoiding Director Liability

[@JCResDoc94]

33:30 Loyalty & Oversight Duties of Dirs

[@michaelismissing]

Thank you!

[@BizLaw]

пожалуйста

[@aidaraishabekov2316]

Good stuff, спасибо!

[@JCResDoc94]

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