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Director FAQs and Essentials / Fiduciary Duties of Corporate Directors

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Blue Ribbon Commission Reports

Director Essentials

Fiduciary Duties of Corporate Directors

By NACD Staff

06/06/2024

Fiduciary Duty

Directors’ fiduciary duties are the cornerstone of good governance, establishing the ethical and legal framework for trust-based relationships. A fiduciary is an individual who acts on behalf of another person or entity and has legal and ethical obligations to act in their best interests.

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