HyperDic: director-stockholder_relation

English > 1 sense of the expression director-stockholder relation:
NOUNrelationdirector-stockholder relationthe responsibility of corporate directors to act in the best interests of stockholders
English > director-stockholder relation: 1 sense > noun 1, relation
MeaningThe responsibility of corporate directors to act in the best interests of stockholders.
Categorylaw, jurisprudenceThe collection of rules imposed by authority
Broaderfiduciary relationThe legal relation that exists when one person justifiably places reliance on another whose aid or protection is sought in some matter

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