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Directors owe fiduciary duties of care and loyalty to their corporations, and by extension to their shareholders. When … a corporation approaches or enters insolvency, however, courts have recently found that the fiduciary duty calculus may … several countries have extended fiduciary duty protection to creditors on equitable grounds. This trend has led to a state of …
Persistent link: https://www.econbiz.de/10012959866
Financial advisors who have a fiduciary duty receive more than 2/3 of all formal customer complaints despite being … a career, location, or proxies for firm oversight, and is similar in states that impose fiduciary duties uniformly on … both groups. Because complaints appear to be related to product and service lines rather than the fiduciary or suitability …
Persistent link: https://www.econbiz.de/10013014416
fiduciary relation. Regrettably the analytical departure (specifically the denial of status accountability) was not grounded in … confirm that the fiduciary accountability of employees previously was recognised as status-based. I then identify the trial … relevant and to illustrate the apparently weak comprehension in the employment context of the contours of fiduciary …
Persistent link: https://www.econbiz.de/10013017595
performers and likely to remain shareholder stewards — “fiduciary funds.” Through application of four particular dimensions of … analysis, shareholders are able to identify funds with attributes consistent with fiduciary funds. The fund scandal has proved … that the identification of fiduciary funds is essential to thoughtful fund investing …
Persistent link: https://www.econbiz.de/10013008069
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Open-end mutual funds allow purchases and redemptions of shares daily at the closing net asset value. This practice imposes costs upon the mutual fund for portfolio adjustments and maintaining cash balances to handle inflows and redemptions. The cost of providing liquidity falls...
Persistent link: https://www.econbiz.de/10013012649
Fiduciary law is both celebrated as unbound by rules and deplored as unprincipled. Moralists see in fiduciary law a … fixed and mandatory system, even as legal economists and contractarians have cast fiduciary law as the ultimate set of … defaults to fill in incomplete contracts. Like general equity, out of which it grew, modern fiduciary law suffers from the hard …
Persistent link: https://www.econbiz.de/10013076584
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treat fiduciary pay as an exception to the duty of loyalty that should be carefully scrutinized and periodically reassessed …
Persistent link: https://www.econbiz.de/10013077997