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.

Видео Corporate Law Fiduciary Duties of Directors (Review) канала Professor Seth C. Oranburg, J.D.