As future CEOs, our charges must manage the conflicting demands placed on firms by myriad interested parties while still fulfilling their fiduciary duties to shareholders.
And one reason that the company can do that, that Esmeralda can be paid so much, is that there's no fiduciary duty to the shareholders to maximize profit.
So, " fiduciary" is usually a term we use when we're talking about money and your responsibilities as someone who has information about a company or about an individual.
Rick says, " Still, he'd be considered a corporate insider" – he, being Rita's brother – " and may be breaching his fiduciary responsibilities." We already talked about what an " insider" is.
Last year, Walsh's committee finished drafting a bill called the " Fiduciary Access to Digital Assets Act" , which would give fiduciaries the same rights over online estates as they now have over physical estates.