Discussion Activity 7.1

Peoples stated that the fiduciary duty should be judged from an objective standard which takes in to account the elements that the decision was made in, but not the director’s subjective motivations. They said the comparable circumstances require the context in which a given decision was made to be taken in to account, but that […]

6.2 – Shadow Directors

I think that it may be possible for a corporation to be a shadow director of another corporation. A key distinction between a shadow and de facto director is the fact that a shadow director claims not to be a director. Since they are not purporting to be an actual director of the company they […]

Thoughts on “The Corporation”

I found The Corporation to be informative, however, it only emphasized the idea that corporations only look out for their own interest at the expense of society. I think it is evident that there have been times corporations have gone too far in their search for profits, however, it is also their search for profits […]