Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Law
Having The Fiduciary Duty Talk: Model Advice For Corporate Officers (And Other Senior Agents), Lyman P.Q. Johnson
Having The Fiduciary Duty Talk: Model Advice For Corporate Officers (And Other Senior Agents), Lyman P.Q. Johnson
Scholarly Articles
Countless legal materials address the fiduciary duties of corporate directors. These include extensive decisional law, numerous institutes and continuing legal education seminars, several treatises and casebooks, and the well-known Corporate Director's Guidebook, recently released in its fifth edition. By contrast, legal materials on the fiduciary duties of corporate officers - key actors and agents in any company - are quite sparse. Case law is meager and undeveloped, with even such a baseline issue as the applicability of the business judgment rule lacking resolution. Treatises, institutes, and other legal materials frequently lump officer fiduciary duties with those of directors or treat …