Corporate Governance – The Role of directors: Part 1

The board of directors has a fiduciary duty towards the company. You may have heard this numerous times. What is a fiduciary duty? To understand this, one must appreciate what a fiduciary relationship is–this is a relationship of confidence. The duty in that relationship is that one must entirely act in the interest of another, and give their undivided loyalty to them. Two golden threads that make up fiduciary
duties are accountability and confidentiality. / read more