The new recently updated sixth edition of the business judgment rule fiduciary duties of corporate directors explores the latest developments in the law in delaware and all other jurisdictions that have addressed business judgment rule and related corporate governance . Amazoncom the business judgment rule fiduciary duties of corporate directors vol i ii 9781567063271 nancy e barton dennis j block stephen a radin books. A corporate director is a fiduciary of the company so he must always act in the companys interest and not solely his own interest the business judgment rule with such a large potential liability for shareholders the law has created a shield of protection for corporate directors called the business judgment rule. Notwithstanding the assumptions of the business judgment rule corporate directors are subject to two central fiduciary duties i the duty of care and ii the duty of loyalty the duty of care mandates that a director use reasonable care and act in the best interest of the corporation when conducting a transaction and that his or her . Corporate officers and the business judgment rule 441 extended to an officer qua officer often moreover judicial assertions concerning the rules application to officers are extraneous to the ratio decidendi of the case and hence constitute mere dicta a close review of decisions also reveals that
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