The legal requirement that a fiduciary (such as the board of directors of a corporation) must act in good faith to and in the best interests of the party that has placed trust in them, e.g. the shareholders. A show of loyalty.
The legal requirement that a fiduciary (such as the board of directors of a corporation) must act in good faith to and in the best interests of the party that has placed trust in them, e.g. the shareholders. A show of loyalty.