Corporate Law

corporate officers and directors also have this highest level of duty to the people whose money they're in control of. The law tries to encourage you not to do so by holding you to this much higher standard. It's partly rght that, like, by inviting these costly suits there, they're not going to be maximising shareholder value. But it's also that the mere act of using some one's money for something illegal corect. Even if that did, you know, it's a pr my shareholder, bat yan't do that legally.