Having a fiduciary duty implies an undivided loyalty to corporate interests, arguing that it’s impossible to hold a fiduciary duty towards stakeholders since they are considered natural adversaries. Thus, according to the law, stakeholders are viewed as opponents.
Alison Taylor — Having a fiduciary duty implies an undivided loyalty to corp
Having a fiduciary duty implies an undivided loyalty to corporate interests, arguing that it’s impossible to hold a fiduciary duty towards stakeholders since they are considered natural adversaries. Thus, according to the law, stakeholders are viewed as opponents.