AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Role of Boards as Fiduciaries
This chapter discusses the concept of fiduciary and the role of boards as fiduciaries for stakeholders. The speaker emphasizes the importance of boards representing the interests of the community, national security, and other stakeholders in addition to the company's largest shareholder. The chapter also mentions the legal obligations of public companies when selling shares to retail investors.