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by eftychis 1112 days ago
Well just to be complete there are enumerated duties to shareholders (the fiduciary ones):

1. Duty of Care

2. Duty of Loyalty

3. Duty of Disclosure

4. Duty of Confidentiality

5. Duty of Prudence

6. Duty of Good Faith

You can start looking at this rabbit hole here (and it is a rabbit hole): https://www.law.cornell.edu/wex/fiduciary_duty

P.S. Just a (fly-by)comment; not advice of any short or kind -- either investment or legal. P.S.2 Oh it does happen that share/stake holders seek enforcement for breach of fiduciary duties. I would say it is quite common.