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Перевод: fiduciary
[прилагательное] доверенный; порученный; основанный на общественном доверии; [существительное] попечитель ; опекун
Тезаурус:
- A fiduciary is someone who occupies a position of trust and confidence and who, as a result of that position, owes fiduciary duties.
- Is he under a fiduciary obligation to disclose to shareholders with whom he intends to trade, the fact that he holds inside information?
- This further method is found in the imposition upon directors of fiduciary duties.
- It can be suggested that the fiduciary duties imposed on directors subject them to similar standards of review by the courts.
- Fiduciary duties as a Mechanism for Controlling Managerial Power
- Since a conglomerate is often acting in a fiduciary capacity, or as an agent owing special duties of care and skill to its client, certain equitable obligations are imposed.
- Another analysis of the function of imposing fiduciary duties on directors is that these duties are designed to ensure that directors act only within the ambit of their special expertise.
- The function of fiduciary duties is to provide the courts with standards of review that enable them to guarantee that corporate managers do not act outside the limits of their special competence.
- the no profit rule - a conglomerate, when acting as a fiduciary must not make a secret profit from his position without first obtaining the consent of the principal and disclosing the profit;
- Thus the decision not to appoint Risk could be seen as an attempt by the Board to carry out its fiduciary duty to the shareholders (ie to act in their best interests).
- Does a director, as an insider, owe fiduciary duties to his shareholders?
- If this is the object of imposing fiduciary duties on directors it fails.
- Such trust, say the courts, is inherent in an equity but not in a debt security, which is governed by contractual relationships, leaving no fiduciary trust to be broken.
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