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Bullboard - Stock Discussion Forum Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.

GREY:NMKEF - Post Discussion

Nemaska Lithium Inc > Does a Corporation Owe Fiduciary Duty to Shareholders
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Post by Tcheck on Dec 19, 2019 3:15pm

Does a Corporation Owe Fiduciary Duty to Shareholders

Management can be fired if their is breach of duty.
i like the word duty.do your duty.


Although a shareholder may be part owner of a corporation, he generally has no control over the day-to-day management of the corporation. The board of the directors and the officers have direct control over the corporation, and therefore they owe fiduciary duties to the owners, who are the shareholders.

Comment by TeddyBear on Dec 19, 2019 3:40pm
If happen like Canada Lithium and Stornoway, retail investors are fired with zero
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