Author: Ibrokhimov. Azimjon Abdumomin ugli

Annotation: In the intricate world of corporate governance, the role of a director is paramount. Directors are entrusted with the responsibility of steering a company towards success while safeguarding the interests of its shareholders. This fiduciary duty forms the bedrock of their role, outlining a code of conduct that demands unwavering loyalty, care, and integrity. This article delves into the fiduciary duties of company directors, exploring their significance, components, and the implications of breaches. A fiduciary relationship is characterized by trust and confidence, where one party (the fiduciary) is obligated to act in the best interests of another (the beneficiary). Company directors are quintessential fiduciaries, owing their allegiance to shareholders. Fiduciary duties impose stringent obligations on directors, necessitating actions that prioritize the company's welfare above personal gains.

Keywords: fiduciary duties, director liability, corporate governance, duty of care, duty of loyalty, accountability, stakeholder interests, conflicts of interest, decision-making, independent judgment, insider trading, corporate opportunities

Pages in journal: 155 - 168