The Duty of Care: Ensuring Diligent Decision-Making in Corporate Governance The Duty of Care: Ensuring Diligent Decision-Making in Corporate Governance Corporate directors are bound by the duty of care to act prudently, attentively, and in the best interests of the company. This duty ensures directors make informed decisions through adequate oversight and reasonable diligence. What…
Understanding the Duty of Loyalty: A Guide for Corporate Directors Understanding the Duty of Loyalty: A Guide for Corporate Directors The duty of loyalty is a cornerstone of corporate governance. It requires directors to act in good faith and prioritize the interests of the corporation above their own. This fiduciary obligation ensures that directors do…
Best Practices for Performing Fiduciary Duties as a Corporate Director Best Practices for Performing Fiduciary Duties as a Corporate Director Fulfilling fiduciary duties is one of the most important responsibilities of a corporate director. These duties—loyalty, care, and obedience—form the foundation of trustworthy and lawful governance. Adhering to best practices ensures compliance and builds lasting…
