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baidu share duties in corporate law come from the law of agency and they pertain to how directors need to reflect the interest of shareholders remember that directors dont own a company they only manage it their caretakers their overseers the shareholders are the ones that own it and fiduciary duties really begin with agency duties because there are many times someone is a steward an agent for somebody else and so we begin with our study of corporate agency with an investigation into the law of agency and for those who are interested in going further the third Restatement of agency has many of these points in it there are two main topics that are important for corporate directors and those are corporate authority because in order for someone to be an agent in fact they need to have a grant of authority or at least the appearance of authority thats reasonable and then once a person has authority as an agent that creates duties in the agent to do certain things we have a couple synony
