GREY:NMKEF - Post by User
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Tcheckon Dec 19, 2019 3:15pm
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Post# 30473876
Does a Corporation Owe Fiduciary Duty to Shareholders
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.