A corporate officer, while still employed by his or her firm, may be in breach of the officer's fiduciary duty of __________ by recruiting key management employees to join a competing company.

Question

Quizplus · Accepted Answer

The fiduciary duty of a corporate officer includes loyalty, which includes acting in the best interest of their company and not actively working against it. Recruiting key management employees to join a rival firm would be a breach of loyalty and therefore a breach of their fiduciary duty as an officer of their company.

A Corporate Officer, While Still Employed by His or Her