Corporate directors owe fiduciary duties/obligations to the corporation and its shareholders". Please discuss these duties.

ECON MICRO
5th Edition
ISBN:9781337000536
Author:William A. McEachern
Publisher:William A. McEachern
Chapter13: Capital, Interest, Entrepreneurship, And Corporate Finance
Section: Chapter Questions
Problem 6.12P
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"Corporate directors owe fiduciary duties/obligations to the corporation and its
shareholders". Please discuss these duties. 

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