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The scholarship on fiduciary duties in business organizations is often pulled in two directions. While most observers would agree that business organizations are one of the key contexts for the application of the fiduciary obligation, corporate law theorists have often expressed disdain for the role of fiduciary duties, with the result that fiduciary law and theory have been out of step with the business world. This volume aims to rectify this situation by bringing together a range of scholars to analyze fiduciary relationships and the fiduciary obligation in the business context. Contributing authors examine fiduciary obligations in fields ranging from entity structure to bankruptcy to investment regulation. The volume demonstrates that fiduciary law can inform pressing corporate governance debates, including discussions over stakeholder models of the corporation that move beyond shareholder interests.

Authors

Arthur B. Laby

Jacob Hale Russell

Deborah A. DeMott

Christine Hurt

Lyman Johnson

Arthur B. Laby

Steven L. Schwarcz

Quinn Curtis

The Honorable Albert V. Bryan Jr. ’50 Research Professor of Law, University of Virginia School of Law
University of Virginia School of Law
Research Member

Howell Jackson

James S. Reid, Jr. Professor of Law
Harvard Law School
Research Member

Edward J. Janger

Paul B. Miller

Dana M. Muir

Robert J. Stark

Christoph Kumpan

Jacob Hale Russell

Masayuki Tamaruya

Jennifer Hill

Bob Baxt AO Chair in Corporate and Commercial Law
Monash University
Research Member

Amir Licht

Professor of Law
Harry Radzyner Law School, Reichman University
Research Member

Julian Velasco

Kelli Alces Williams

Reviews

Encyclopedic, authoritative, and up-to-date, this work immediately establishes itself as the gold standard resource for anyone interested in fiduciary law as applied to all forms of business relationships. Start here, and you might not have to look anywhere else.

— Joseph A. Grundfest - The William A. Franke Professor of Law and Business at Stanford Law School and former Commissioner, Securities and Exchange Commission

The collection illuminates the central role fiduciary duties play in the business context. It presents thoughtful and diverse perspectives on critical problems in governance, such as addressing short-termism, balancing the interests of shareholders and other stakeholders, and minimizing corporate scandals. The book should be read by lawyers, judges, regulators, and businesspeople alike.

— Vice Chancellor J. Travis Laster - Delaware Court of Chancery

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