Not Advising Corporate Officers About Fiduciary Duties

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(Not) Advising Corporate Officers about Fiduciary Duties

https://scholarlycommons.law.wlu.edu/cgi/viewcontent.cgi?article=1075&context=wlufac

advising corporate officers as to fiduciary duties. Overall, the results from our survey and website research suggest that many lawyers do not provide full-bodied fiduciary duty advice to officers in their capacity as officers at all, much less advise them as to theCited by: 1

(NOT) ADVISING CORPORATE OFFICERS ABOUT FIDUCIARY …

http://wakeforestlawreview.com/wp-content/uploads/2014/10/Johnson_LawReview_09.07.pdf

well, lawyers are advising corporate officers about their fiduciary duties. In recent years, much attention has been given to the professional obligations of a corporate lawyer upon learning, ex post, of corporate wrongdoing, including director and officer breaches of fiduciary duty.2 Virtually no attention has been paid to whether, ex

(Not) Advising Corporate Officers About Fiduciary Duties ...

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=980960

Apr 17, 2007 · Virtually no attention has been paid to whether, ex ante, lawyers are adequately helping to prevent such misconduct by fully and properly advising corporate officers as to the scope and thrust of their fiduciary duties. Fiduciary duties, as an element for shaping officer conduct to promote healthy corporate governance, are of little preventive value if not properly transmitted to officers, given …Author: Lyman Johnson, Lyman Johnson, Rob Ricca

"(Not) Advising Corporate Officers about Fiduciary Duties ...

https://scholarlycommons.law.wlu.edu/wlufac/77/

Overall, the results from our initial survey and website research suggest that many lawyers do not provide full-bodied fiduciary duty advice to officers in their capacity as officers at all, much less advising them as to the possibility that their duties might be stricter than those of directors or cautioning that the business judgment rule may not apply to officer conduct in the same way it applies to directors.Cited by: 1

(Not) Advising Corporate Officers About Fiduciary Duties

https://www.researchgate.net/publication/228298590_Not_Advising_Corporate_Officers_About_Fiduciary_Duties

Fiduciary duties, as an element for shaping officer conduct to promote healthy corporate governance, are of little preventive value if not properly transmitted to officers, given that officers are ...

Fiduciary Duties of Officers of the Corporation - Legal ...

https://www.avvo.com/legal-guides/ugc/fiduciary-duties-of-officers-of-the-corporation

Many CEOs and other senior executives do not realize that they have fiduciary duties like board members. Nor do not routinely receive legal counsel on the issue. As a result, corporate officers are exposed to the heightened risk of legal liability for their actions. Officers Have the Same Fiduciary Duties as Directors

fiduciary - The Delaware Journal of Corporate Law

https://djcl.org/wp-content/uploads/2014/08/Gantler-V-STEPHENS-BIG-EPIPHANY-OR-BIG-FAILURE-A-LOOK-AT-THE-CURRENT-STATE-OF-OFFICERS-FIDUCIARY-DUTIES-AND-ADVICE-FOR-POTENTIAL-PROTECTION.pdf

2See Lyman P.Q. Johnson & Robert V. Ricca, (Not) Advising Corporate Officers About Fiduciary Duties, 42 WAKE FOREST L. REV. 663, 665 (2007) ("Corporate officers play a critical role in corporate governance."); see also Lyman P.Q. Johnson & David Millon, Recalling Why Corporate Officers Are Fiduciaries, 46 WM. & MARY L. REV.

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