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Fiduciary Duties Law for Managers: An Overview

By: J.S. Nelson and Trevor Fetter
  • Format:Print
  • | Language:English
  • | Pages:21
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Abstract

This note describes the essential legal responsibilities of managers and company directors toward investors and other parties. These include basic fiduciary duties of loyalty, obedience, good faith and care, as well as duties that relate to information, such as candor and confidentiality.

Keywords

Feduciary Duty; Managerial Roles; Legal Liability

Citation

Nelson, J.S., and Trevor Fetter. "Fiduciary Duties Law for Managers: An Overview." Harvard Business School Background Note 322-073, November 2021.

About The Author

Trevor Fetter

Accounting and Management
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