Although I’m a bit ashamed to admit it, I agonized a little bit over the placement of this word. You will soon learn that there is a tension in corporate governance between worrying about the tiniest details and dreaming about the hugest, most audacious possibilities. The word “fiduciary” sits WAAAY toward the tiny details end of the spectrum. It’s simultaneously both super incredibly important and EXTRA boring and uninspiring. As such, it is emblematic of a lot of misunderstood words in a typical book or article about corporate governance, which this isn’t!
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33. Fiduciary (definition)
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Although I’m a bit ashamed to admit it, I agonized a little bit over the placement of this word. You will soon learn that there is a tension in corporate governance between worrying about the tiniest details and dreaming about the hugest, most audacious possibilities. The word “fiduciary” sits WAAAY toward the tiny details end of the spectrum. It’s simultaneously both super incredibly important and EXTRA boring and uninspiring. As such, it is emblematic of a lot of misunderstood words in a typical book or article about corporate governance, which this isn’t!