Fiduciary duty refers to the relationship between a fiduciary and the principal or beneficiary on whose behalf the fiduciary acts. The fiduciary accepts legal responsibility for duties of care, loyalty, good faith, confidentiality, and more when serving the best interests of a beneficiary. Strict car...
Fiduciary duty refers to the relationship between a fiduciary and the principal or beneficiary on whose behalf the fiduciary acts. The fiduciary accepts legal responsibility for duties of care, loyalty, good faith, confidentiality, and more when serving the best interests of a beneficiary. Strict car...
Violations of fiduciary duties may result in legal liabilities, including compensation for losses. 英文同义表达:(1)fiduciary responsibility:这个词与fiduciary duty含义相近,都强调受托人对委托人的忠诚和诚实义务。 (2)duty of loyalty:这个词组侧重于信义义务中的“忠诚”部分,指的是...
Fiduciary responsibility is a duty that prevents a party from acting in their own interest rather than the interest of the organization.
management of any accounts for which UNFPA has fiduciary or custodial responsibility; or who have direct access to confidential [...] daccess-ods.un.org 财务披露方案所涉工作人员包括:履行负责采购 决策权者;或其主要职责是履行与采购货物和服务、或与资产投资、或与管理人 口基金拥有信托或保管职责...
and think of the needs of the building and the people who live there when making their decisions. Regardless of the type of community they serve, board members have a responsibility to govern and make decisions on behalf of that community—often referred to as the board's “fiduciary duty....
Definition of Fiduciary Duty It is important to understand what is meant by "fiduciary duty" and the legalities behind it. A fiduciary duty is a duty or responsibility to act in the best interest of someone else. The person who is duty bound to another person, in a fiduciary relationship,...
Managerial Fiduciary Duty and Social Responsibility: The Changing Nature of Corporate Governance in Post-War America Enron's demise and the corporate investigations that ensued have reinvigorated the debate on managerial fiduciary duty. Some have argued that the recent s... Ernie Englander,Allen Kaufman...
A fiduciary accepts legal responsibility for duties of care, loyalty, good faith, confidentiality, and more when serving the best interests of a beneficiary. Fiduciary duty refers to the relationship between the fiduciary and the principal or beneficiary on whose behalf the fiduciary acts. Strict car...
Even after it reasonably investigates all the options before it, the board has the responsibility to choose the option that it believes best serves the interests of the business and its shareholders. Duty of Loyalty Duty of loyaltymeans the board is required to put no other causes, interests, ...