Find out the single most important element which a director

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Q. Imagine you are the Director of Finance for a large publicly traded organization. Of all the material covered (directors, officers and controlling stakeholders, including the trade judgment rule and the duty of care; statutory limitations on directors' liability for breach of duty of care; duty of good faith; duty of loyalty; duty of condor; duties in the context of takeovers, mergers and acquisitions; allocation of power among the directors and the shareholders; duty of directors to disclose preliminary merger negotiations; duties of controlling shareholders; and greenmail.), find out the single most important element which a Director of Finance must practice diligently. Provide a rationale for your answer.

 

 

Reference no: EM1390824

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