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1-What are the responsibilities/duties of the Board of Directors in acting to protect the shareholders of...

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General Management

1-What are the responsibilities/duties of the Board of Directorsin acting to protect the shareholders of a publicly tradedcompany?

2-Why do you think that Directors should have these duties?

3-Do you believe that shareholders should be allowed to filelawsuits against members of the board if they feel the board memberhas not done a good job in making the corporation profitable? Whyor why not?

Answer & Explanation Solved by verified expert
4.5 Ratings (967 Votes)
1 Board of Directors have fiduciary duty on behalf of shareholders in running the company This duty can be defined as duty of care and duty of loyaltyThey have all the authority is running the company and choose the executives of the company    See Answer
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