Grant Gulovsen on Nostr: TIL that "Unlike in the United States, in Canada the fiduciary duty is owed ...
TIL that "Unlike in the United States, in Canada the fiduciary duty is owed exclusively to the corporation
itself and not to any specific group of stakeholders, irrespective of the circumstances. There is no
duty to maximize shareholder value."
Seems like a good way to do it.
https://mcmillan.ca/wp-content/uploads/2020/07/Be-Careful-Up-There_Special-Aspects-of-Director-and-Officer-Liability-in-Canada.pdf
itself and not to any specific group of stakeholders, irrespective of the circumstances. There is no
duty to maximize shareholder value."
Seems like a good way to do it.
https://mcmillan.ca/wp-content/uploads/2020/07/Be-Careful-Up-There_Special-Aspects-of-Director-and-Officer-Liability-in-Canada.pdf