Directors as Trustees of Company's Powers and Properties: Understanding the Justification for Fiduciary Duties

نویسندگان

چکیده

Directors are trustees of their companies, with the effect that they stand in a fiduciary relationship companies and, ipso facto , owed to duties no conflict interests and self-profit. Directors’ legal consequences for breach articulated case law provided statutes common jurisdictions such as Nigeria United Kingdom. However, it is not self-evident why directors thrust into relationship, justification company. This article seeks establish functional basis understanding concept, flow from relationships answer definition or description fiduciary. In particular, this probes juridical company directors. Keywords: Trustees, Fiduciaries, Company directors, Fiduciary duties, Conflict interests, Secret profit DOI: 10.7176/DCS/12-5-04 Publication date: May 31 st 2022

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ژورنال

عنوان ژورنال: Developing Country Studies

سال: 2022

ISSN: ['2224-607X', '2225-0565']

DOI: https://doi.org/10.7176/dcs/12-5-04