Browsing CategoryCorporate & Governance

Building a US Board: What UK Companies Need to Know About Corporate Governance

Under Delaware law, and generally across the US, directors owe two primary fiduciary duties to the corporation and its shareholders: the duty of care and the duty of loyalty. The duty of care requires directors to make informed, deliberate decisions based on all material information reasonably available to them. This means actively participating in board meetings, reviewing corporate documents, and asking critical questions of management

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