| 单词 | Directors' Duties |
| 释义 | Directors' Duties In the context of corporate governance, Directors' Duties refers to stated responsibilities of the companys Board of Directors. These provisions allow directors to consider constituencies other than shareholders when considering a merger. These constituencies may include, for example, employees, host communities, or suppliers. This provision provides boards of directors with legal basis for rejecting a takeover that would have been beneficial to shareholders. A majority of states have Directors Duties Laws. |
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